
Jeera Rises on Short Covering After Demand Slump
Jeera futures closed 0.70% higher at 19,370, following weakness due to subdued domestic and export demand post the retail season. The downtrend was largely due to comfortable supply levels, limited foreign buying, and tepid trade activity. Farmers hold around 20 lakh bags, but only 3-4 lakh bags are expected to be traded before the season…