It is important that investors remain more focused on domestic growth-focused themes rather than global themes at this stage, says Sandip Sabharwal. It is tough to build a bull case for IT although the stocks have underperformed significantly. Metals will have a subdued period for the next one or two years as global economies slow down.
Sugar stocks Bajaj Hindusthan Sugar, Balrampur Chini, others rally up to 8% after govt tightens stock limits
Sugar stocks rallied up to 8% after the government tightened inventory limits for dealers amid record-high sugar prices. Bajaj Hindusthan Sugar led gains, while Balrampur