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Cardamom prices extended gains, rising for the second day on Tuesday at the domestic markets on of account of a firm demand in the market against restricted arrivals from producing belts of Chandausi in Uttar Pradesh due to scare rainfall.

Jeera futures are likely to gather some buying from lower levels on the account of mounting exports in major mandies along with receding stocks in major producing states .

Jeera futures are likely to gather some buying from lower levels on the account of mounting exports in major mandies along with receding stocks in major producing states .

Bearish trend is likely to continue in mentha oil futures on the account of strong supplies by cultivators in the local mandies along with dearth of buying by gutka manufacturers in Delhi.

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India's strategic location on the world's shipping routes with a vast coastline of approximately 7,517 km plays in their hands. As of 2021, India owns over 30% of the global share of the ship breaking industry. At present, India ranks as the 16th largest maritime nation globally, with its maritime sector accounting for 95% of the country's trade volume and 70% by monetary value. India also launched a Maritime Vision 2030 under which they have identified over 150 initiatives to accelerate and develop India's diverse maritime sector even more. The Indian government also launched the Sagar Mala program in 2017 which aimed at developing Indian ports and growing logistics-intensive industries. To achieve this the GOI plans to invest $123 billion across 415 maritime projects.

The markets opened flat after the Reserve Bank took a hawkish stance in its macroeconomic survey released yesterday. RBI sounded a note of caution- saying a widening current account deficit is a constraint on easing monetary policy. The tone in RBI's macroeconomic survey report suggests it will continue a calibrated stance as inflation remains above its comfort zone. A CNBC poll suggests that markets are expecting a 25 bps cut..... Read Market Strategies For Today here- http://onlinetradingttips.blogspot.com

Chana prices closed higher by 0.78 per cent on Tuesday 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.

Maize prices closed lower by 0.91 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited as a result of heavy selling activity by the traders on account of higher global supplies and weak offtakes from the local

Mustard seed futures are likely to be supportive in the near term on the account of receding stocks in domestic market against strong millers demand.

Mustard seed futures are likely to be supportive in the near term on the account of receding stocks in domestic market against strong millers demand.

Maize prices closed lower by 2.56 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of heavy selling activity by the traders on account of higher global supplies and weak offtakes from the local buyers.

Maize prices closed lower by 2.56 per cent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of heavy selling activity by the traders on account of higher global supplies and weak offtakes from the local buyers.