The Nifty’s recent surge above its 200-Day Moving Average signals a bullish trend among blue-chip stocks, though optimism isn’t universal. Axis Securities reports 226 of the top 500 stocks are trading above this key indicator, up from 95 in March.
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