NCDEX Commodity & Agri Tips for today 30 June 2012
Due to the heavy fluctuations in the agri commodities the traders and investors have lost their interest in the market. Volatile market caused the market trend to decline.In the first half of early June the business at ncdex has declined by 18% which had a greater impact on the traders.The July soybean futures on NCDEX has come down to Rs 3,900. With a drop of 1 per cent on the NCDEX Turmeric is trading at Rs 4180.Castor seed has weakened 1.5 percent. Potatoes on the NCDEX with nearly 0.5 per cent gain trading at Rs 1108.
Further yesterday the markets closed with substantial gains this week with all sectoral indices closing positive. The Sensex was up 2.7% and Nifty also gained 2.7% over the week. The CNX Midcap index closed with 3% gain, BSE Smallcap gained 2.2% while the Bank Nifty closed with 3.2% gain. The BSE Metal closed with 4% gain, BSE OilGas was up 2.5% and BSE Power closed with 4.75% gain over the week. The BSE Realty was up 2.5%, BSE Healthcare gained 2.5% while BSE Capital Good closed with 3% gain. The top Nifty gainers during the week were Tata Power, Jindal Steel, ICICI Bank and Maruti Suzuki while the biggest losers included Cairn India and BPCL.