Agriwatch: Agri commodities index down 0.2% today

The Agri Commodities Index fringe down 0.20% to 115.90 during the week ended Oct 1, 2016 from 116.13 during the previous week. The basis for the Index and all sub-Indices is 2014 (= 100). Declines in cereals and vegetables prices offset the gains in pulses and edible oils. 

Six of the nine commodity groups and 19 of the 29 commodities that constitute the Index declined during the week. The commodity group sub-Index values and their weekly changes are as follows: Cereals: 101.83 (-1.34%), Pulses: 216.70 (+4.40%), Vegetables: 62.30 (-4.85%), Edible Oils: 116.0 (+0.68%), Oilseeds: 107.67 (-1.83%), Sweeteners (Sugar, Gur & Khandsari): 121.96 (-0.48%), Spices: 135.90 (-0.83%), Fibres: 98.82 (-3.23%) and Other Non-Food Articles: 77.57 (+2.25%).

Read More- Commodity Updates

Continue reading →

Nifty futures down 10 pts, Sensex down 20 pts 18 Jan, 2016

 

Today's Nifty futures tips  : Sensex was trading near 24,434, down 20 points or 0.08 per cent. It touched a high of 24,524.85 and a low of 24,348.80 in morning trade. While the Nifty-50 was trading around 7,428 down 10 pts or 0.12 per-cent. It reached a high of 7,463.65 & a low of 7,405.80 in the first 30 mins of trading session.

The S&P BSE Midcap Index went down 1.43 per-cent & the BSE S&P Smallcap Index was trading 2.1 per-cent lower.

The major Sensex gainers were - NTPC (up 1.2 per-cent), Coal India (up 1 per-cent), Infosys (up 0.93 per-cent), Sun Pharma (up 0.74 per cent), & the RIL (up 0.63 per cent).

Read More : Nifty futures tips

Continue reading →

New Delhi : High Court refused to stay odd-even formula for vehicles

High Court refused to stay odd-even formula for vehicles A bench of Chief  Justice Jayant Nath  & Justice G Rohini denied the request made by one of the 5 petitioners that the court should at least grant stay on the implementation of the government's idea till Jan 6, which has been fixed as the next date of hearing on the PILs.

"Sorry. We do not know whether it (the odd-even formula) will be imposed or not. The Delhi govt has not yet come out with any scheme on this issue," the bench told, also said, "As of today we cannot grant such relax."

Click For Free Trial

Continue reading →

Sundar Pichai Visits India

Sundar Pichai : After taking over the helm of growing Internet search giant Google as its CEO, Sundar Pichai is in India for his maiden visit.

In the course of his 2-day visit, Pichai will also meet Prime Minister Narendra Modi and President Mr. Pranab Mukherjee, with whom a state dinner has also been scheduled for tomorrow. He will also address students at Shri Ram College of Commerce tomorrow.

Pichai on Wednesday delivered the keynote address at a Google for India event, outlining the company's plans for Asia.

Herer are five takeaways from his address.

1. 100 railway stations to have wi-fi by Dec 2016 in partnership with Railtel.

2. Mumbai Central to go live by January.

3. Google will build new campus, ramp up engineering presence in Hyderabad to make products for India

4. Google will up hiring in Bengaluru.

5. Google will help women from three lakh villages all over India to get online in three years.

Continue reading →

Mcx calls : Buy crudeoil , Buy corainder 15 Dec, 2015

Mcx ncdex tips

1. Buy crudeoil above 243-

MCX: BUY CRUDEOIL ABOVE 2430 TGTS 2455/2505 SL 2405

MCX: CRUDE OIL BUY CALL HIT 1ST TGT 2455 HIGH OF 2457 BOOK PART PROFIT 

2. Ncdex Buy Call-

Mcx Ncdex : BUY CORIANDER JAN 9490 TGTS 9530/9580 SL 9450

Mcx Ncdex : CORIANDER JAN BUY CALL HIT 1ST TGT 9530 BOOK PART PROFIT

Mcx Ncdex : CORIANDER JAN BUY CALL HIT FINAL TGT 9580 HIGH OF 9589 BOOK FULL PROFIT 

Contact Us On 9977785000

Click For FreeTrial

http://www.researchvia.com/free-trials/

Continue reading →

Mustard Seed Ends Higher On Rising Demand

Mustard seed prices closed higher by 0.02 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, mustard seed futures for October 2015 contract closed at Rs. 4,634 per quintal, up by 0.02 per cent, after opening at Rs. 4,652 against the previous closing price of Rs. 4,633. It touched the intra-day high of Rs. 4,794.

India produces 5.5 m MT to7 million MT annually and about 0.15 m MT is retained for sowing and direct consumption as seed which leaves about 4.8-5.1 million MT for crushing and extracting oil.

Read More - Free commodity tips

Continue reading →

Chana Ends Higher As Demand Picks Up

Chana prices closed higher 3.7 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the traders enlarged their holdings in the commodity on account of the good demand in the market. At the NCDEX, chana futures for October 2015 contract closed at Rs. 4,565 per quintal, up by 3.7 per cent, after opening at Rs. 4,452 against the previous closing price of Rs. 4,402. It touched the intra-day high of Rs. 4,573.

Moreover, the restricted arrivals of the commodity in the physical market due to lower estimated output also influenced the chana prices.

India is the largest producer of chickpea followed by Pakistan, Turkey and Iran. India produces around 6 to 8 million tonnes and contributes around 70 per cent of the total world production.

Read More - Agri tips & chana Tips

Continue reading →

Jeera prices closed lower by 1.4 %

http://www.researchvia.com/agro-pack/

 

Jeera prices closed lower by 1.4 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export demand. At the NCDEX, jeera futures for September 2015 contract closed at Rs. 15,440 per quintal, down by 1.4 per cent, after opening at Rs. 15,595 against the previous closing price of Rs.15,660. It touched the intra-day low of Rs. 15,350.
 

Global output of Jeera is around 2.2 lakh MT per year, of which India produces about 1.5 lakh MT per year.
 

India exports Jeera mainly to the US, UK, UAE, Japan, Brazil, Bangladesh, Singapore and many other countries. Other Major exporters are Syria and Turkey.

 

Read More - Jeera tips

Continue reading →

Mustard Seed Ends Lower As Demand Weakens

 

MustardSeed prices closed lower by 0.77 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on account of the weak crushing and export demand of mustard meal. At the NCDEX, Mustard Seed futures for Sept 2015 contract closed at Rs. 4,236 per quintal, down by 0.77 per cent, after opening at Rs. 4,273 against the previous closing price of Rs. 4,269. It touched the intra-day low of Rs. 4,228.

Sentiment weakened further due to the sluggish export demand as a result of the weak demand for the commodity.

EU-27 accounts to about 34 per cent of worlds RM seed production, others major producers are China (23 %), Canada (19 % ), India (14 % ), Australia (3 % ), Ukraine (2 % ). India produces 5.5 million MT to7 million MT annually. 

 

Read More - Free Agri Tips

Continue reading →

Barley Ends Lower On Downbeat Demand

 

Barley prices closed lower by 1.28 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors booked profits at the higher on account of the weak physical markets and also due to the fall in the demand from beer and cattle-feed makers. At the NCDEX, barley futures for September 2015 contract closed at Rs. 1,197.5 per quintal, down by 1.28 per cent, after opening at Rs. 1,210 against the previous closing price of Rs. 1,213. It touched the intra-day low of Rs. 1,184.

 

Sentiment weakened further on account of a surge in the arrivals of the commodity along with the sluggish demand on higher levels.
 

Barley is a cereal grain derived from the annual grass Hordeum vulgare. This widely adaptable crop is popular in temperate areas where it is grown as a summer crop and tropical areas where it is sown as a winter crop.

 

Read More - Agri Tips

Continue reading →

Restricted supply, firm demand lifts Cardamom futures

Cardamom prices rose by 0.20 per cent on Thursday at the Multi Commodity Exchange (MCX) on account of good buying support from both exporters and upcountry buyers and also on hopes of improved export demand. At MCX, Cardamom futures for September 2015 contract were trading at Rs 975.40 per kg, up by 0.20 per cent, after opening at Rs. 972 against the previous closing price of Rs. 973.50. It touched the intra-day high of Rs. 976.70 till the trading. (At 10.45 AM today). Sentiment improved further as a result of firm demand in the market against restricted arrivals from producing belts of Chandausi in Uttar Pradesh.Kerala (70 per cent), Karnataka (20 per cent) and Tamil Nadu (10 per cent) are the cardamom growing states in India while about 90 per cent of the produce is consumed within the nation. The important markets for cardamom in India are Vandanmendu, Bodinayakanur, Kumily, Thekkady, Kumbum and Pattiveeran Patti in Kerala.

Read More - Commodity News

Continue reading →

Cardamom prices rise by 1.03 percent on Tuesday

 

Cardamom prices rose by 1.03 per cent on Tuesday at the Multi Commodity Exchange (MCX) on account of good buying support from both exporters and upcountry buyers and also on hopes of improved export demand. At MCX, Cardamom futures for September 2015 contract were trading at Rs 862.50 per kg, up by 1.03 per cent, after opening at Rs. 855 against the previous closing price of Rs. 853.70. It touched the intra-day high of Rs. 853 till the trading. (At 10.45 AM today). Sentiment improved further as a result of firm demand in the market against restricted arrivals from producing belts of Chandausi in Uttar Pradesh.
 

Kerala (70 per cent), Karnataka (20 per cent) and Tamil Nadu (10 per cent) are the cardamom growing states in India while about 90 per cent of the produce is consumed within the nation. The important markets for cardamom in India are Vandanmendu, Bodinayakanur, Kumily,  Kumbum,Thekkady, and Pattiveeran Patti in Kerala.

 

 

Read More - Cardamom

Continue reading →