We had a dull FY23 for the markets with markets being flat for the year. So this is a good beginning to FY24. The Nifty is up by 7.5% in the 3-month period, while our PMS has returned 18.9% over the same period.
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