Sugar stocks surge up to 10% on firm price forecasts

Sugar stocks surge up to 10% on firm price forecasts

Mumbai: Shares of sugar producers were among the top gainers in Wednesday’s trading on news reports Alvean, the world’s largest sugar trader, forecast a global shortage in the season starting October. With the domestic festive season around the corner, analysts expect sugar prices to firm up on account of shortages. Avadh Sugar & Energy surged … Read more

The week that was in 10 stocks: Energy and sugar stocks rally; Yes Bank jumps 24%

The week that was in 10 stocks: Energy and sugar stocks rally; Yes Bank jumps 24%

New Delhi: Domestic equity markets ended the week with mild gains, thanks to a strong pull back on Friday. The merger of HDFC twins boosted the morale on Monday, but markets remained volatile mid week. The hawkish commentary from the Fed, rising inflation, spike in bond yields and tension between Russia and Ukraine kept the … Read more