Indian Agri Markets Weak Trend

Indian Agri Markets Weak TrendGold Silver Reports – Trend looks weak for the Agri sector as fall in International markets across most sectors are likely to pressurize Indian market sentiments also. Short term trend looks slight weak for the time being even as traders expect the trading activities to pick up in coming weeks.

Lack of strong export/domestic demand in the mandis kept trend down for most Agri counters on Wednesday as moderate dips were noted across all sectors.

Traders are not ruling out some more dips in the near term for commodities like Guar, Oil complex, Spices and, to some extent, fibre also before demand starts rising in coming weeks. – Neal Bhai Reports

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