Asian equities opened higher, mirroring US stock gains driven by benign jobs data. Oil prices climbed as protests intensified in Iran, raising geopolitical concerns. Despite lingering uncertainties, global markets exhibit a fragile calm, with tech shares potentially boosted by strong Taiwanese semiconductor revenue.
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