Momentum seen in sugar stocks: Ashwani Gujral

Ashwani Gujral, Chief Market Strategist, ashwanigujral.com in an interview with ET Now talks about sugar stocks.

What about sugar because that as a whole sector indeed is sort of re-emerging?

Well it has re-emerged quite sometime back because from 40 cents sugar has reached 33 now so now is the time that public is again beginning to get excited in sugar and all the positive news is coming out like futures are getting re-introduced etc. So the momentum is with sugar right now and it could easily appreciate another 10% to 15% before it kind of tops out.