The gains came on the back of a dovish view offered by the US Fed officials in the minutes of their November meeting on future rate hikes. This boosted risk appetite and pulled down bond yields, which further lifted the rate-sensitive sector.
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