Turmeric April contract fell 0.83 every penny to 8340 levels on Thursday(11.20am) at NCDEX. Costs neglected to get for Turmeric as interest for low quality stocks kept on pressurizing the business sector notions.
Our analyst,said Turmeric April contract is liable to exchange bearish for both fleeting and intra day with transient backing at 7800 and safety at 8850. Intra day backing is seen at 8380 and safety at 8470,”.
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Today in early morning time,mcx commodity market traded at down side and mostly commodities are stay in negative zone and only silver traded at upside with optimistic prices and stands with 36728.00 points.
Mcx Crude oil traded at down side with lower -35.00 points and stands with 3114.00 points, and remaining all base metals are traded at down side with lower prices and stay in negative zone.
Same as mcx market, ncdex commodity market also traded at down side with lower prices and and here turmeric traded at upside with optimistic prices.
The Narendra Modi government’s first full-year plan has commenced. Arun Jaitley, Finance Minister, has accentuated the administration’s change plan.
Jaitley has refereed to three noteworthy achivementf the govt: Financial consideration through Jan Dhan Yojana , coal barters directed straightforward and Swachh Bharat. He said India is situated to be the quickest developing extensive economy on the planet.
The accompanying are the live redesigns from his discourse:
.Disguise of salary will pull in 10 yrs of thorough detainment
. For fortifying data gathering from different sources, another structure has been placed set up:
.Absolutions for individual citizens to proceed
. Measures to control dark money,job creation through recovery of growth&investment, advantage to white collar class citizens
. Financial Deficit focus to be 3.9% in FY 2015-16 and Revenue Deficit to be 2.8% in FY 2015-16
. Corporate assessment lessened from 30% to 25% over next four years:
India Budget 2015-16 is slated to be displayed on Saturday. The worldwide oil value accident has been supportive of India which is subject to vitality imports. The comfort offered by the oil value fall is prone to reflect in Arun Jaitley’s first full-year plan.
Coriander fates exchanged on a negative note on Friday with new yield entries in spot markets. Coriander April contract exchanged around 0.79% to 6165 level on Friday(11.40 am) at NCDEX.
Analyst said Coriander April contract is liable to exchange bearish for fleeting and sideways for intra day. Help for transient is seen at 5950 and safety 6400 while intra-day backing is at 6130 and safety will be 6250.
Today mcx gold and silver both precious metals are traded at upside with optimistic prices and stands with positive prices.crude oil also traded at upside with 53.00 points and stands with 3170.00 points.
Jeera costs were exchanging up on Thursday(11.25 am) at the National Commodity & Derivatives Exchange Limited (NCDEX). General lower sowing region in Gujarat and Rajasthan and expected fall underway are production to keep Bullish feelings in place as fares climb in mandis.
Jeera March contract climbed by 0.55 every penny to 14615 at NCDEX. Our analyst said Jeera March contract is prone to exchange bullish for transient and side routes for intra day.
Today mcx gold and silver both precious metals are traded at upside with optimistic prices and in morning time, mcx gold opens with 26079.00 points and its last previous closed price is 26059.00 points.
Recently gold goes upside with 254.00 points and stands with 26313.00 points while silver also going upside and stands in positive zone.
Otherside, crude oil traded at down side with lower prices and in morning time opens with 3100.00 points and its last previous closed price is 3122.00 points and recently goes down side with -38.00 points and stands with 3084.00 points.
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Barley and castor seed for all contracts are looking in down side with lower prices and castor seed for march contract looking at down side with -43.00 points and castor seed stands with 3571 points.
Otherside if we talk about mcx commodity market so,its look like in a both shades,because some of commodity is in down side and some of in upside.
Recently cotton looking at upside with 60.00 incremented points and cotton stands with 14900.00 points.
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Today mcx commodities are traded at upside with optimistic prices and mostly commodities are stay in positive zone, but here gold traded at down side with -57.00 points down side and stands with 26220.00 points.
All base metals like,aluminium,copper,nickel,lead and zinc stands in positive zone with optimistic prices. Nickel recently goes upside with 4.60 points upside and stands with 877.50 points.
Otherside in ncdex market, mostly commodity traded at down side with lower trading prices and if we see the barley and castor seed , so both commodities are looking in negative zone for all contracts.
According to Rabi Crops information discharged by Directorate of Economics and Statistics, Ministry of Agriculture, aggregate territory scope as on today under Rabi harvests moves to 617.97 lakh hectares while a year ago’s sowing zone was at 659.31 lakh hectare.
Territory under sowing of Rice is at 27.04 lakh hectares not long from now while the most recent year’s figure was 31.51 lakh hectares. Wheat’s sowing range is at 306.35 lakh hectares when contrasted with a year ago’s 315.32 lakh hectares.