· Agri markets likely to open on a bearish note as massive fall in International markets in the Equity and the Commodities sector could have bearish impact on this sector
· Agri markets showed high volatility last week as moderate recovery observed. Guar hit the upper circuit as demand picked up in the mandis at these lower levels; Chana showed high volatility as profit booking at the higher levels cooled down prices to some extent.
· Profit booking was observed for Spices at the higher levels after the recent surge in prices. Oil complex however recovered as domestic demand rose amidst slight firmness in International markets.