Sugar stocks rise significantly in response to the food ministry s order reversing the ban on using sugarcane juice for ethanol production. Bajaj Hindusthan Sugar leads the gains with a 7.7% increase.
Stock Market Live Updates: Asian stocks open lower despite gains in US shares thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Earlier today Bloomberg cited sources saying that India is considering curbing ethanol production adding that authorities are studying a proposal to limit the use of sugarcane juice to produce ethanol for the current season.