Hedging returns amid election, earnings, growth, and rate concerns. Cboe Volatility Index surged after Biden quit. Futures, October contracts rose in Asian trading and Hong Kong. Kaiser from Citigroup says Harris maintains policy continuity but adds risk premium due to late nomination change. Traders watch Tesla, Alphabet earnings and Fed rate cut expectations.
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