Firming up, Indian Agri Markets

Firming up, Indian Agri Markets

Gold Silver Reports — Markets firmed up for the Agricommodities on Wednesday after the initial corrections as pickup in demand on the domestic and export front, amidst falling arrivals and lower-production prospects kept supporting the prices.

Rains and cloudy weather in some parts of Central and West India helped cool down market sentiments – but that was temporary as overall Fundamentals-remained strong. Regular Government steps to increase supply are enabling intermittent profit booking at the higher levels but overall remain firm.

Firmness in Internationalmarkets supporting oil complex prices even as profit booking seen in the Indian markets on apprehensions of Government initiating steps to control rising prices. — Neal Bhai Reports

Spread the love

Leave a Comment