Domestic markets closed lower on Monday with Reliance Industries and Kotak Bank under pressure. HUL and Bajaj Finance to announce Q1 results. Suzlon Energy reports impressive 200% YoY profit growth. Federal Bank appoints new MD and CEO. Gensol Engineering secures 116 MW solar project bid in Gujarat. TCS expands partnership with Rolls Royce. Coal India wins bid for graphite block.
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