A new geopolitical storm is brewing as the United States takes control of Venezuela’s oil reserves. This move significantly alters global energy markets and creates new uncertainties. China and Russia are closely watching developments. While short-term oil prices may rise, the long-term outlook suggests potential price drops. Emerging markets could benefit from lower inflation and interest rates.
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