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STFL Trading and Finance Acquires 4 06% Stake in Triveni Engineering and Industries

STFL Trading and Finance Acquires 4 06% Stake in Triveni Engineering and Industries
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Sugar stocks rise sharply, get a boost from the launch of Global Biofuel Alliance by PM Modi at G20 Summit

Sugar stocks traded mostly in the green following the launch of the Global Biofuel Alliance by Indian Prime Minister Narendra Modi at the G20 Summit.

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Ethanol, sugar stocks rally up to 15% as India launches global biofuel alliance at G20

The alliance, with the United States and Brazil as its founding members, would help accelerate global efforts to meet net zero emissions targets by facilitating trade in biofuels derived from sources including plant and animal waste, a Reuters report said.

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Sugar stocks jump up to 8% amid fears of production drop; Rana Sugar, Renuka top gainers

The gains have been on the back of over 3% jump in the price of sugar in a fortnight to their highest level in six years. A Reuters report quoted traders and industry officials attributing limited rainfall in the country s key growing regions to be the reason for this panic hinting a fall in production in the upcoming season.

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Stock Market Sectors: Stock market update: Sugar stocks up as market rises

The 30-share BSE Sensex closed up 240.98 points at 65628.14

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