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10 Dec 2016 | 2:09 PM
Research Report
Daily

Commodity Research Report: Agri Technical Report

Highlights: • Overnight rains in some areas in North-West and Central India helped cool down market sentiments for the Agri markets. Prices however bounced back later on based on moderately strong fundamental factors like firm domestic and export demand in the mandis, even as arrivals of the new crop too pick up. • Most Agri commodities failed to show any clear direction but the initial downtrend was followed by strong recovery by day end. Traders anticipate the downtrend to be limited for now but the short term market trend would depend a lot on the weather factor. • Lack of water in many reservoirs amidst reports of drought like situation in many parts of the country is helping keep overall market sentiments firm.
07 Apr 2016 | 09:06 AM

Highlights:    

 

  • Overnight rains in some areas in North-West and Central India helped cool down market sentiments for the Agri markets. Prices however bounced back later on based on moderately strong fundamental factors like firm domestic and export demand in the mandis, even as arrivals of the new crop too pick up.
  • Most Agri commodities failed to show any clear direction but the initial downtrend was followed by strong recovery by day end. Traders anticipate the downtrend to be limited for now but the short term market trend would depend a lot on the weather factor.
  • Lack of water in many reservoirs amidst reports of drought like situation in many parts of the country is helping keep overall market sentiments firm.  
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