AGRI-BIZ & COMMODITIES
RUBBER
Record gain in spot rubber
Spot rubber recorded unprecedented gains in a single day, resulting in the gap between domestic and international markets on Saturday. Speculators dominated the session and prices zoomed amidst very thin volumes. The spot market is still ...
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TEA
McLeod Russel Williamson Tea: Sell
The synergetic benefits of the proposed merger are unlikely to match the current valuation levels.
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TECHNICAL ANALYSIS
Cotton futures may rise
New York cotton futures ended higher on Friday, lifted by short-covering on fears about dry West Texas growing conditions. Many market participants were troubled by the situation with dry, hot and windy weather forecast for the West Texas and US ...
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GOLD & SILVER
Silver declines; gold rules steady
Silver reacted at the higher levels, while gold ruled steady on the local bullion market on Saturday on scattered buying interest amid limited offerings. Standard gold prices were steady at Rs 9,700 for 10 gm. Pure gold (99.99 fineness) was ...
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COTTON
Bt cotton seed price likely on Monday
Bt cottonseed manufacturers have reportedly assured the Andhra Pradesh Government that they will come out with a proposal on cottonseed pricing by Monday, keeping in mind the early onset of monsoon. This assurance came when Ms ...
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