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10-Oct2016
Turmeric futures traded lower on NCDEX due to better sowing and hopes of better turmeric crop than last year following favorable weather condition at the producing belts. Though, some losses were capped on expectation of pickup in domestic demand ahead of festival season.
The contract for October delivery was trading at Rs 6836.00, down by 1.07% or Rs 74.00 from its previous closing of Rs 6910.00.The open interest of the contract stood at 5805 lots.
The contract for November delivery was trading at Rs 6930.00, down by 1.14% or Rs 80.00 from its previous closing of Rs 7010.00. The open interest of the contract stood at 10695 lots on NCDEX.
Turmeric futures traded lower on NCDEX, on expectation of higher production this season due to higher acreage in Telangana. Further, sluggish demand for the crop in physical market as traders are awaiting......
Turmeric futures traded mixed on NCDEX, as contract for April traded down due to sluggish demand in the physical market as traders are not interested in old crop produce, while contract for May traded......
Turmeric futures traded lower on NCDEX, due to trimming of bets by market players on the back of improved crop prospects in Maharashtra. Further, expectation of fresh arrivals at the spot market amid sufficient......
City Union Bank has opened four new branches in the state of Tamil Nadu on February 22, 2019. The bank has inaugurated 621th and 622nd branch at Nambiyur and Moolapalayam, respectively. The bank has also......
Syndicate Bank has entered into partnership with Srei Equipment Finance to jointly provide financing for construction and farm equipment. Under the arrangement, Syndicate Bank would leverage on its low-cost......
Tata Motors will supply 80 Electric buses to the West Bengal Transport Corporation (WBTC). The company has already supplied 20 Ultra Electric 9/9m AC E-buses, with remaining 20 9/9m AC E-buses scheduled......