AGRI
COMMODITY MARKET OUTLOOK
Ref soyoil gained tracking
firmness in spot demand on expectation of good domestic soy crushing demand.
Mentha oil prices gained amid
pick-up in demand in the domestic spot market.
Soyabean prices ended with losses
on profit booking after prices gained on increasing demand in export market.
Chana prices dropped on profit
booking amid government initiatives to check rising prices and availability of
pulses Turmeric settled up on short covering after prices dropped as market is
expecting a good crop this season.
Jeera prices ended with gains
tracking good demand in the physical market.
NCDEX Market update:-
JEERA
PP- 17465
R1- 17575 S1-17305
R2- 17735 S2-17196
TURMERIC
PP- 6774
R1- 6850 S1-6720
R2- 6930 S2-6660
CORIANDER
PP- 7439.5
R1- 7480 S1-7374
R2- 7545 S2-7323
SOYBEAN
PP- 3023
R1- 3042 S1-2997
R2- 3168 S2-2978
MUSTERED OIL
PP- 4333
R1- 4373 S1-4266
R2- 4440 S2-4226
GAUR SEED
PP- 3229
R1- 3260 S1-3175
R2- 3290 S2-3120
The BSE Sensex and NSE Nifty closed marginally lower on Tuesday as traders are cautious ahead of the Reserve Bank of India’s policy decision today.
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