Market sentiments overall, remained bearish for the Agricultural markets and till now we are getting reports of monsoons to show a normal progress during remaining part of the week. Prices of most agri commodities have dropped sharply therefore some recovery was observed in few counters. The recent rains and prospects of more rains in North-West and Central India continued keeping possibilities of improved sowing for Kharif crops.
· Spices like turmeric and Jeera posted modest drop and similar trend was observed in the edible oil and oilseed basket. Chana posted a minor gain over previous day.
· As long as rains persist, markets shall tend to trade with a softened mood, even as conflicting reports on the Monsoon continue