Sunday 25 December 2016

Cardamom futures zoom 3.41% on strong demand


Cardamom futures rose during morning trade in the domestic market on Monday as investors and speculators build up fresh bets in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market. 

Further, insufficient supplies on restricted physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices. At the MCX, cardamom futures for January 2017 contract is trading at Rs 1391 per kg, up by 3.41 per cent, after opening at Rs 1351, against a previous close of Rs 1345.10. It touched the intra-day high of Rs 1398

Get real time advice from Our Best Advisory -  Capitalstars  

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

CapitalStars Investment Adviser: SEBI Registration Number: INA00000164   

1 comments: