Sugar stocks witnessed a surge following the central government’s decision to remove restrictions on ethanol production from sugarcane. This move has boosted investor confidence in sugar companies. Analysts anticipate improved profitability and a potential rise in ethanol prices. The Supreme Court’s stance on ethanol-blended petrol further supports the demand for ethanol. Rajshree Sugars and Shree Renuka Sugars experienced significant gains.
PSU bank stocks soar up to 8%, but HDFC, Axis and other private lenders fall up to 5% after Q2 results. Why the sharp divide?
PSU bank stocks surged up to 8% on Monday, led by Punjab National Bank after its Q2FY27 earnings beat estimates. In contrast, private lenders such
October 19, 2026