Jigar Shah of Kim Eng Sec told CNBC-TV18, "It is better to stay away from sugar sector. In an election year there is hardly any solution that will come very easily."
"This crisis has happened quite knowingly. So, I am not at all optimistic on this. There are plenty of other opportunities in the market with much better clarity and much better fundamental," he added.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!