We believe the markets have factored many negatives like lower rainfall expectations, higher inflation, and interest rates, the US recession & banking collapse, Crude supply cuts, and the Russia-Ukraine war.
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