In June, the government had announced a soft loan of Rs 4,440 crore to mills for creating ethanol capacity.
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.
Satish Gupta of astrostocktips.in feels that sugar stocks like Triveni Engineering, Bajaj Hindustan, Dalmia Bharat Sugar, Rajshree Sugar and Ugar Sugar will get astrological support.
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
The sugar ministry earlier had said that it is looking at ethanol blending and a saving of nearly USD 300 million. Stocks have reacted positively but the realty on the ground is really different.
Bajaj Hindusthan is one of the important sugar stocks. As per stars any time profit booking expected around Rs 23.50- 23.75 levels says Ajay Jain of astromoneyguru.
According to Ajay Jain of Astromoneyguru.com, one can buy Sterlite Industries with a stoploss of Rs 97 for a target of Rs 100-101.50.
A bearish Mehraboon Irani tells CNBC-TV18 that a surge in liquidity could help take the Nifty as high 5,800 in the coming few months.
Hero Motocorp is looking good in auto space, says Rahul Mohindar, Director, viratechindia.com.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
UR Associates has come out with its report on agri sector.
Coal India has so far entered into pacts with 14 power plants for the supply of fossil fuel, while some have refused to sign it due to their objections on some of the clauses of the model fuel supply agreement.
Sudarshan Sukhani of s2analytics.com shares his view on Shree Renuka.
Auto, Paints, Sugar and Textile sectors will be getting astrological support, says Satish Gupta of http://astrostocktips.in.
Capital goods, sugar may get astro support next week, says Satish Gupta, astrostocktips.in
SP Tulsian, sptulsian.com shares his view on sugar stocks.
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 gave reading and outlook on stocks across various sectors like Reliance, Bajaj Hindustan and Balrampur Chini. He also picked stocks which are expected to be star performers in 2012.
The market currently is in a very volatile state. After yesterday’s bumper up move, the markets look very negative. However, Sudarshan Sukhani of S2analytics.com said that today’s decline was normal after that big up move. Sukhani suggested playing safe in this kind of a bear market as downside targets are often touched and exceeded.
"It promised to be a good session as global markets seemed quite robust going into Friday’s event," said CNBC-TV18’s Udayan Mukherjee. While the Asian markets were okay, Europe started off well, and Nifty ran into resistance at 5,100 today.
The Indian market is haunted by global as well as domestic problems. This week itself the Nifty has lost over 5%, while the Sensex slipped 4.9%. What must your strategy be now? Which are the best picks?
Led by Bajaj Hindustan, stocks of sugar companies surged in early trade on the BSE today after the government issued permits for the export of 4.21 lakh tonnes of the sweetener, out of the total 5 lakh tonnes that it allowed in August.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com gave some multi-bagger recommendations for investors.
CNBC-TV18's show 'Your Portfolio', discusses one portfolio a day from the readers of moneycontrol.com. SP Tulsian of sptulsian.com discusses the investor's portfolio in-depth and advices him on how he should play those stocks.
Bajaj Hindustan has a target of Rs 58, says Keval Bhanushali of Keynote Capital.