Indian equity indices closed lower on Thursday as investors awaited inflation data. UltraTech Cement, Bajaj Auto, and DMart experienced declines. Analysts suggest cautious approaches for these stocks, recommending waiting for confirmed breakouts or reversals before investing.
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