Indian benchmarks ended higher on Wednesday, with BSE Sensex climbing 85 points to 63,228, and Nifty advancing 39 points to 18,755. Metals and oil and gas were top gainers, while Financial Services, banks, capital goods, and IT were laggards. Paytm rose 2%, Tata Consumer Products increased 5.17%, and Anupam Rasayan dropped 0.39%. Experts recommended buying Paytm and Tata Consumer and selling Anupam Rasayan. Paytm and Tata consumer are expected to continue their positive momentum, while Anupam Rasayan may further decline towards Rs 900.
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