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AGRI-BIZ & COMMODITIES
SUGAR:
Shree Renuka Sugars (Rs 62.05): Buy
We recommend a buy in Shree Renuka Sugars from a short-term perspective. It is apparent from the charts of Shree Renuka Sugars that after encountering resistance at around Rs 140 in early August, it experienced selling pressure and ...
TECHNICAL ANALYSIS:
Gold futures may consolidate
Gold futures, ended lower on Friday on profit-taking as all other markets fell after the US Senate rejected an automaker bailout package. The White House moved to calm nerves on Friday afternoon, saying it was considering tapping a $700 ...
TECHNICAL ANALYSIS:
Cotton likely to test support levels
Cotton futures ended lower on Friday as poor demand and global recession depressed prices. Cotton will await cues from equities, energies and the US dollar to determine its next moves. The market has digested the bearish inputs from the ...
COMMODITY MARKETS:
Investors begin increasing investments in gold
Production cut announcements continue in metals sector. A slew of fiscal, monetary and stimulus packages announced by several governments around the world – the US, China, Europe, India and so on – are yet to exert their impact on ...
INSIGHT:
Can bamboo boom?
Last week Kochi played host to a three-day Kerala Bamboo Festival, organised by the State’s Industries and Commerce Department to focus on new trends in the bamboo industry as well as to provide an avenue for the promotion of a range of ...
CLIMATE & WEATHER:
Wet weather to break out over extreme north, south
Thiruvananthapuram, Dec 14 Weather-making atmospheric systems massing up around the extreme north and south are forecast to decide seasonally recurring regional weather events during this ...
TEA:
Tea prices gain on demand at Coonoor auctions
Darmona Estate has created yet another record at the auctions of Coonoor Tea Trade Association (CTTA) when in Sale No: 50, its BOPF grade, auctioned by J. Thomas and Co, fetched Rs 135 a kg and PD Rs ...
TEA:
Good demand for CTC dust teas at N. India auctions
Last week, selected liquoring CTC leaf teas maintaining quality continued to meet with good demand and sold well, while medium and plainer categories as well as teas showing a decline in quality were irregularly lower, according to ...
TEA:
Firm trend at Kochi tea sale
As demand firmed up from domestic blenders and interstate operators, dust tea prices moved up at the Kochi tea auction. There was a fair amount of support from exporters as well. At the leaf tea auction, it was mainly the steady stream of ...
CO-OPERATIVES:
AP launches project for agriculture cooperatives
Hyderabad, Dec. 14 The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, on Sunday announced the launch of Sahakara Pragathi project, under which all the 2,800 primary agriculture cooperatives (PACS) would be computerised and linked ...
BIO-TECH & GENETICS:
GM food: Substantial progress made in research
Govt under pressure to explore other crops. Mumbai, Dec. 14 The Union Minister for Health, Dr Anbumani Ramadoss, is reportedly opposed to the entry of genetically modified (GM) foods and seeds. The basis of the Minister’s opposition is ...
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