Among the top losers from sugar sector were Shree Renuka Sugars which plunged over 7% in the opening trade amid high volumes, followed by Balrampur Chini, Rana Sugar, The Ugar Sugar Works and Dwarikesh Sugar, which lost up to 3%.
Rupee shifting to 87-87.50 range against dollar; expects 50-75 bps rate cut in CY25: Upasna Bhardwaj
Upasna Bhardwaj, Chief Economist at Kotak Mahindra Bank, forecasts the rupee shifting towards 87 against the dollar. She projects GDP growth at 6.1% for FY25