Business Standard

Sugar rules firm on spot demand

December & Jan contracts gain 0.36% and 0.3% as speculators enlarge positions

Related News

futures rose by Rs 12 to Rs 3,327 per quintal as speculators enlarged positions largely supported by increased demand in the spot markets.

At the National Commodity and Derivatives Exchange, sugar for December delivery traded Rs 12, or 0.36 per cent, higher at Rs 3,327 per quintal, with an open interest for 28,020 lots.

January sugar traded higher by Rs 10, or 0.30 per cent, at Rs 3,340 per quintal, with open interest of 9,790 lots.

Marketmen attributed the rise in sugar futures to a firming trend at the spot markets on firm demand amid reports that the government is considering the report on sugar decontrol.

Read more on:   
|
|

Read More

Cardamom rise as demand picks up

Cardamom prices rose by Rs 12.20 to Rs 981 per kg in futures trading today as speculators created fresh positions, driven by pick-up in demand in the ...

Advertisements

Quick Links

 

Market News

Maruti Suzuki India, Axis Bank joins Rs 1-lakh-cr market-cap club

Axis Bank hits a record high of Rs 440, while Maruti Suzuki touched a new high of Rs 3,349 in intra-day deals on BSE.

Marksans Pharma surges on strong Q2 results

The stock rallied 6% to Rs 64 on NSE after reporting 56% yoy growth in net profit at Rs 31 crore in September quarter.

Markets continue winning streak; Sensex up 400 points

The 30-share Sensex is up 412 points at 27,758 and the 50-share Nifty has gained 119 points to trade at 8,288.

Copper down 0.2% on weak global cues

Metal for delivery in November shed 0.14%

Silver down 0.6% on weak global trend

Weak trend trend overseas, eroding demand for the precious metals, pulled down silver prices

Back to Top