The sugar sector is back in focus as ethanol blending drives optimism. Experts say despite volatility from government policies and price controls, long-term investors could benefit. Eid Parry remains a preferred pick, offering exposure to Coromandel International and the sector’s structural growth story.Read More
Gold prices in India soared to a record high of Rs 1,11,750 per 10 grams, mirroring gains in global markets driven by anticipation of US inflation data and Federal Reserve policy guidance. Silver also surged, reaching Rs 1,33,582 per kilogram, fueled by investment flows and industrial demand. Weakness in the rupee and subdued equity market sentiment further bolstered bullion prices.Read More
Adani Power shares jumped 20% as they turned ex-split on Monday, after a 1:5 stock split aimed at boosting retail participation and liquidity. The move increases the number of shares without changing overall value or market cap.Read More
Urban Company shares jumped 9% intraday, taking gains to 86% over the issue price since listing. Analysts see it as a strong long-term structural story, citing leadership in online home services and robust investor demand, but advise a cautious “hold” or “wait and watch” approach.Read More
Adani Group stocks added Rs 1.7 lakh crore to their combined market cap in two days, crossing Rs 15 lakh crore after Sebi cleared the Hindenburg allegations. Adani Power, Total Gas, Green Energy, and Energy Solutions led gains, with analysts now focusing on fundamentals and long-term growth prospects.Read More
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