The Indian market is expected to consolidate amid mixed global cues, as India VIX increased by 1.44%, while smaller ranges are being seen on the volatility front. The weekly maximum call OI is at 19,000 and the maximum put OI is at 18,800, suggesting a shift in the broader trading range between 18,600 to 19,000 and an immediate trading range of 18,700 to 18,950.
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