Dalal Street faced another tough day with indices falling for the fifth session. Investor sentiment remains cautious amid sector volatility and global concerns. However, technical indicators suggest the market is near a significant support level. Experts advise caution on bearish bets and suggest focusing on PSU banks and auto stocks for potential recovery.
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