Jeera July contract gained Rs 89 and settled at Rs 12380 a kg on a decline in arrivals towards the end of the season, good spot demand and lower stocks. Farmers are not releasing their produce as they are waiting for a good jump in the prices. Good demand is coming from local buyers. At Unjha spot market, jeera gained 125 rupees to 12,578 rupees per 100 kg. The contract made intraday low of Rs 12300 a kg and high of Rs 12457 a kg. Support for jeera is at 12301 below that could see a test of 12222. Resistance is now seen at 12458 above that could see a resistance of 12536.
Chana dropped Rs 3 and settled at Rs 2193 per quintal on hopes of higher output. But good spot demand amid a decline in the arrivals supported the prices. Demand has improved in the physical market and it may improve further in the rainy season. In the spot, selling has reduced on hopes of good upside movement in coming days. In Delhi spot market, chana gained 27 rupees to end at 2,143 rupees per 100 kg. The volume was noted at 85960 lots. Support for chana is at 2184 below that could see a test of 2176. Resistance is now seen at 2205 above that could see a resistance of 2218.
Soyabean yeste
Mentha oil June contract gained Rs 2.2 and settled at Rs 722.2 a kg. The contract made intraday low of Rs 717 a kg and high of Rs 723.9 a kg with the volume of 1162 and total open interest for the same contact was at 1854. Now support for the menthol is seen at 718.2 and below could see a test of 714.1. Resistance is now likely to be seen at 725.1, a move above could see prices testing 727.9.
GJio Financial Services, Bharti Airtel, HCL Technologies, Bajaj Auto, Eicher Motors, UltraTech Cement and Bajaj Finance were among major gainers on NSE during Tuesday's trading session.
News in Focus
Endurance Technologies continues to emerge as a standout in the Indian auto component space, backed by a robust growth trajectory and strategic expansion plans.
New York is on the verge of redefining its sports betting landscape through proposed legislation that could prohibit sportsbooks from capping or restricting sharp bettors who consistently secure wi
In the wake of the European Union’s evolving regulatory framework, notably the Markets in Crypto-Assets (MiCA) legislation, major European banks are increasingly embracing cryptocurrency services t
Ventura Securities has issued a BUY recommendation on LG Electronics India Ltd’s IPO, spotlighting its robust growth, premium market positioning, and formidable financial health.
IDBI Capital has initiated a BUY call on Tata Capital Limited (TCL), positioning the company as a formidable investment contender within the Indian financial services landscape.
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TCS, Tech Mahindra, Max Healthcare, Axis Bank, HCL Tech Share Price Jumps on NSE; Gold Prices at ATH
TCS, Infosys, Tech Mahindra and many other stocks from technology sector witnessed strong buying in today's session. Indian markets closed positive on Monday with NSE Nifty gaining 183 points.
The launch of the FLOKI exchange-traded product (ETP) on Sweden’s Spotlight Stock Market marks a pivotal moment for the meme coin industry, signaling increased legitimacy and institutional interest.
Costco’s decision to introduce discounted pricing on Ozempic and Wegovy marks a pivotal moment in both the U.S. retail pharmacy market and the country’s ongoing debate over prescription drug accessibility.
