Global cues are strongly positive today. US Markets have ended in green, DOW closed after gaining 0.66% and NASDAQ closed by gaining 0.68%. European Markets also ended in green yesterday with mixed performance, FTSE closed flat by gaining 0.08% and DAX ended in red by losing 0.36%. Asian Markets are trading in green today, Shanghai is up by 1.77%, Hangseng is up by 1.68% and Nikkei is also up by 0.74%. So, the Global Markets are extremely positive today.
Domestic Sugar Markets are concerned about the shortage and government levy charges. Hence, there might be a low performance on Sugar stocks.
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Happy Trading!
Day Trading Analyst
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