Indian equities reversed early gains, slipping into the red as optimism around US trade developments faded, overshadowed by losses in FMCG and IT stocks. Despite a broad-based advance in small and mid-cap indices, investor caution prevailed. Geopolitical developments and US trade policies continue to influence market sentiment.
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