Foreign investors divested ₹16,848 crore from Indian markets in the latter half of December. FMCG and financial services saw major outflows. However, the information technology sector attracted ₹4,457 crore in inflows, marking the first positive fortnight since June. This shift indicates a change in global investor sentiment towards Indian equities.
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