Turmeric jumps on tight supply and strong demand
Turmeric prices rose by 1.69% at ₹15,200 due to lower-than-expected arrivals and strong buying interest. The demand for turmeric has been robust, with shipments reaching a four-year high and exports jumping by 12.93% from April to January 2025. However, imports have also risen by 70.13%, indicating a growing reliance on foreign supplies. The market faces…
FPIs make a big comeback, investing Rs 8,500 crore into the Indian market in just one week.
Foreign investors made a big return to the Indian equities markets last week, contributing close to Rs 8,500 crore, following a period of prolonged withdrawals earlier this month. Because of India’s robust internal economy and relative protection from interruptions in international commerce, investor mood has strengthened, as evidenced by the inflows. Foreign portfolio investors (FPIs)…
Oil prices slip 2% as US-Iran nuclear talks, Russia-Ukraine Easter truce weigh
Oil prices fell nearly 2% in Asian trading on Monday as nuclear talks between the United States and Iran eased concerns about supply disruptions and a temporary ceasefire between Russia and Ukraine further reduced oil risk premiums. Iran says its nuclear program is for peaceful purposes and is willing to negotiate some restrictions in exchange…
A short-term decline in oil prices through 2026 could provide a positive outlook
Oil prices are expected to face further pain in the coming months as crude oil demand falls. However, there is room to profit from the decline as OPEC+ and US shale producers are forced to cut their oil production as prices fall. However, pressure on oil prices could ease in the second half of the…
India’s sugar output drops 18% as mills struggle
India’s sugar production has fallen by 18.42% this season, with major states like Uttar Pradesh, Maharashtra, and Karnataka experiencing significant declines. As of April 15, total production stood at 254.25 lakh tonnes, down from last year’s figures. The decline is largely attributed to factors like lower sugarcane yield and factory closures. A total of 496…
The Nifty and Sensex notch their biggest weekly gains in four years as they rise for the fourth consecutive session.
On Thursday, benchmark indices resumed their winning run for the fourth straight session, marking a notable shift in market mood. Even better, they experienced their largest gain in four years, rising 4.5% during this week with fewer holidays. While the Nifty increased 414.45 points, or 1.77%, to close beyond the 23,800 mark at 23,851.65, the…
Rupee records its best week of the month thanks to FII inflows and a failing dollar.
As foreign portfolio inflows into Indian stocks increased and the dollar continued to be defensive due to worries about the impact of tariffs on the largest economy in the world, the Indian rupee strengthened on Thursday to record its best weekly performance in a month. The rupee climbed from its previous session’s close of 85.6775…
Retail inflation drops to a 67-month low of 3.34% in march.
The consumer price index (CPI), which measures retail inflation in India, decreased from 3.61% in February to 3.34% in March, a five-year-seven-month low, as food costs significantly decreased. Analysts believe that this will allow the RBI to stimulate growth by reducing interest rates by at least 50 basis points in FY26. In the face of…
Turmeric falls on higher arrivals and weak buying
Turmeric prices dropped by -0.33% to 14,948 after a speculative surge in prices last week. Total arrivals increased to 66,560 bags, indicating improved supplies, but the market remained cautious. Supply volumes surged in Basmathnagar and Sangli, but downside pressure on prices was limited due to strong buying interest. The export market showed positive trends, with…
India’s rice reserves hit record high, wheat stocks rise
As of April 1, India’s wheat reserves rose 57% year-on-year to 11.8 million metric tons, the highest in three years. 63.09 million tons of rice, including unmilled paddy, have been received, more than four times the government’s target. After years of poor harvests and tight procurement, these strong reserves are expected to stabilize prices and…
