Indian markets saw a mixed close on Friday. Major US indices ended flat for the week as earnings season began. Healthcare stocks declined, while chipmakers saw gains. Banks reported solid results, but concerns over interest rate caps pressured financial shares. Investors are now looking ahead to more earnings reports next week.
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