Indian benchmark indices closed lower on Monday, impacted by global cues and pre-Fed decision caution. Premier Energies and Oberoi Realty showed bullish trends, with analysts recommending buys. However, RITES exhibited sideways trading and weak momentum, prompting a sell recommendation.
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