India is wrestling with a massive rice surplus after back-to-back bumper harvests have pushed its government stockpiles to record levels.
India is wrestling with a massive rice surplus after back-to-back bumper harvests have pushed its government stockpiles to record levels.
NIFTY OUTLOOK: 26192.15 FII 283.65 cr DII 824.46 cr
As discussed yesterday, market behaviour remained on expected lines. The positive uptrend continued as Nifty took out the resistance of 26104 and rallied up to our level of 26248, making a day high of 26246.65.
Note:Data suggests FIIs and DIIs had very small contribution in index trades today. FIIs added only 27 lots and covered 1191 lots. DIIs added 55 lots and created shorts in 275 lots. Retail and Pro have been participating heavily in index trades for the last 3 days. Retail booked profit in 6825 lots and covered […]
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