· Agri Markets opened on a positive note as overall Fundamentals remained Bullish. However, profit booking too set in at the higher levels after the recent hike in prices for most counters.
· Lower production and crop damage reports, increased export and domestic demand amidst falling arrivals in the mandis are likely to support the overall market sentiments in the near term.
· Firmness in International markets after a long time supported the market sentiments for Oil complex also as domestic market remained firm on rising demand. Pulses and Spices are likely to remain firm in the medium to long term on strong Fundamentals