I think war perhaps might continue because some of the banks are still having the credit deposit ratio as high as about 85% plus. So I think that will probably push them to clamour for liabilities. So war might continue, but how long? We will have to probably wait and watch because how much more they can shell out to be seen when they would not have any possibility of increasing their MCLR, etc., because as I indicated that we seem to be in a long pause situation.
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