After showing gradual weakness amidst range movement in last fi ve sessions, Nifty witnessed an excellent upmove from the intraday lows on Friday and closed the day higher. A long bull candle was formed on daily chart with a long lower shadow.
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