Ashwani Gujral of ashwanigujral.com recommends buying Voltas while he feels that Balrampur Chini may test Rs 185.
Mitessh Thakkar of miteshthacker.com suggests buying Ashok Leyland and Balrampur Chini.
Ashwani Gujral of ashwanigujral.com recommends buying CESC, KEC International, Britannia Industries, Balrampur Chini and Exide Industries.
Satish Gupta of astrostocktips is of the view that sugar stocks like Shree Renuka Sugars, Bajaj Hindustan, Balrampur Chini, Dhampur Sugar, Dwarikesh Sugar and Triveni Engineering will get astrological support.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell Oil India and can buy Titan Company, Ahluwalia Contracts, Balrampur Chini and Chambal Fertilisers.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Motors DVR, Balrampur Chini and Avenue Supermart.
Sudarshan Sukhani of s2analytics.com is of the view that India Cements, ACC and Ambuja Cements will provide gains while sugar stocks can be avoided.
According to Satish Gupta of astrostocktips, sugar stocks like Balrampur Chini, Oudh Sugar, Dwarikesh Sugar, Uppar Ganges and Dalmia Sugar will get astrological support.
Sugar stocks like Dwarikesh Sugar, EID Parry, Uttam Sugar, Balrampur Chini and Rana Sugar will get astro support, says Satish Gupta of Astrostocktips.
International prices of sugar are rising and therefore traders may increase the export of sugar to make profit, Paswan said. He added that this move will keep sufficient availability of sugar in domestic market and the price will be under control.
The Food Ministry is planning to recommend a hike in import duty on sugar to 40 percent from the current 25 percent to check the sliding price of the sweetener and enable mills to clear mounting cane arrears that has reached almost Rs 20000 crore so far.
ONGC is up 3 percent as oil prices touched 2015 highs. Oil prices jumped 5 percent overnight with Nymex rising to USD 56.4 per barrel. Other gainers include Hindalco, Tata Motors, Bharti Airtel and Tata Steel.
Balrampur Chini Mills has reported a standalone sales turnover of Rs 690.71 crore and a net loss of Rs 50.76 crore for the quarter ended Dec '13
Prakash Diwan of Altamount Capital Management recommends buying Balrampur Chini Mills with a target of Rs 47.90 and Suprajit Engineering with a target of Rs 53.50.
Dharmesh Kant of Indianivesh Securities suggests buying Arvind for a target price of Rs 145 and Federal Bank for a target price of Rs 90.
The cabinet has approved a scheme of interest free loans to sugar mills, Food Minister K.V. Thomas said on Thursday, as part of a bail-out package to beleaguered mills
Power, consumer durables, auto sectors are among the top sectoral gainers in trade today.
Shardul Kulkarni of Angel Broking recommends buying Balrampur Chini on declines as the stock may move towards Rs 55.
The Karnataka government swings into action after a cane farmer commits suicide. It has granted a direct cash subsidy of Rs 150 per tonne. Farmers will now get Rs 2,650 per tonne of cane, but it's still lower than last year's Rs 3,050 per tonne
Mayuresh Joshi of Angel Broking recommends holding on to Balrampur Chini as the stock may touch levels of Rs 65-70 in the next two years.
Ambareesh Baliga of Edelweiss Financial Services is of the view that one may buy and hold frontline sugar stocks like Balrampur Chini and Shree Renuka Sugars for atleast next two-three quarters.
According to Nooresh Merani of AMSEC, Balrampur Chini Mills may touch Rs 70-75 in the medium term.
Bank Nifty ended the day with a loss of around 2 percent. ICICI Bank, SBI, HDFC twins were biggest losers among the banking stocks. Capital goods, oil & gas, IT, auto and pharma stocks were slaughtered in late trade today. Reliance ended with a loss of over 1 percent.
Shardul Kulkarni of Angel Broking recommends buying Balrampur Chini at around Rs 48-49 with a target of Rs 65 and a stoploss at Rs 44.
Shares of Bajaj Hindusthan were up 10 percent, Balrampur Chini gained 5 percent and Dhampur Sugar added 12 percent intraday on Wednesday.