Bad monsoons and an increase in commodity prices could hamper the current rally in India’s markets while US and European growth declines and inflation remains outside the target range may also restrict market gains, MRG Capital’s CEO Manu Rishi Guptha said. Meanwhile, a decline, if any, could be set off by geopolitical factors outside anyone’s control.
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