The Budget’s capital gains tax changes caused a stir in the market, forcing sell-side analysts to defend their optimistic stock valuations despite the negative tax impact. This added to existing challenges in the market.
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