So, what we think is that the price correction is largely done. We could see small bit here and there, maybe around 23,500 but then the risk return gets favourable, but the time correction can happen because markets would look at Q3 earnings which are going to be weak as we see right now. And then the outlook for Q4 should get better and that will be the base for next year.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20