Why market gained today? Sensex soars 900 pts intraday, Nifty at 24,228

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On the sectoral front, Nifty Realty ended the day as the top gainer, followed by Nifty PSU Banks. Both indices closed over 3 per cent higher.   Stock market benchmark indices Sensex and Nifty 50 surged on Friday, driven by a rally in IT firms after TCS reported its June quarter results. A positive trend…

Sugar stocks gain up to 5% on E22-E30 petrol duty waiver; check top picks

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  According to a Ministry of Finance notification, the government has removed excise duty on petrol blended with ethanol content of 22% (E22), 25% (E25), 27% (E27), and 30% (E30).   Sugar stocks in focus: Sugar stocks were upbeat in trading on Thursday, even as broader markets remained weak amid renewed tensions in West Asia.…