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The Market Journey from 2008 to 2020
Exactly on this date, 12 years before (27th Oct 2008) NIFTY made the bottom low of 2253 (The biggest downtrend of 66% from the top out high of 6357 on 08 .01. 08 ) From the bottom, so far, made the highest high 12431 on 20. 01. 20 Since 2008 bottom, as of now appreciated 422% & peak return 452% NIFTY 2008-2020 whereas in the same period the best return is given by BAJAJFINANCE Peak Return 73500% and as of now return 46065% BAJFINANCE 2008-2020 and during this period another 121 stocks gave a return of 12 X to 196 X as on this date.
11 Months before article : Sugar loses its sweetness as stockpiles reach record highs
Sugar, once one of the sweetest areas of the commodities sector, is now turning bitter. Prices have hit a seven-year low as key drivers for the commodity, which can be used either to sweeten food or to produce ethanol biofuel, have gone into reverse. Such is the state of the sugar cane market that local media in India have reported a rise in the number of sugar cane farmers committing suicide in the country’s main cane-producing belt because processing mills are refusing to pay producers pre-agreed prices. Globally, sugar prices are trading at around 10.6 cents per pound. Despite farmers cutting back production and bad weather adversely affecting harvests in some areas, the market is expected to remain in surplus into next year. This is happening even though food manufacturers are using more sugar to make products such as lemonade, ketchup and chocolate, according to Commerzbank research. However, the International Sugar Organization (ISO) published new forec