Stocks in Asia rebound as investors shift focus to tech earnings season post Biden’s campaign exit. Market sees volatility decrease, while big tech faces challenges. Positive outlook for US equities despite recent pullbacks. Oil stabilizes near five-week low due to CTA losses. Await Fed’s inflation data and BOJ policy meeting.
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