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Sugar stocks surged on fears of global output decline. Wipro and Infosys rose on expectations of more outsourcing business
Gainers: Global sugar output is feared to go down resulting in a spurt in sugar prices. Balrampur Chini Mills gained 22%. Shree Renuka Sugars was up 18%. Wipro BPO, an arm of Wipro Technologies, is discussing outsourcing contracts with some of the Fortune 500 companies....