Geojit's report on Agri Picks Steady to positive moves was witnessed in the NCDEX spices complex on Monday. Jeera futures gained the most, by four per cent while turmeric futures ended rather flat. Jeera production is estimated to fall 9.3% on year to 200,780 tn. India's export of spices during Apr-Jan declined 13% on year to 1.1 mln tn. The exports rose by 1.5% to 249.7 bln rupees.
Open FlipCash volumes in India’s equity markets surged about 10% to a six-month high in May from levels in the previous month as investor participation widened, driven by the recent market rally, analysts said. The Indian markets responded positively to a range of recent macroeconomic improvements, including a possible peaking of interest rates and a favourable balance of payments.
Open FlipA close look at the S&P BSE 500 companies has found that at least 45 of them have the potential to generate an additional wealth of Rs 68,900 crore for their shareholders, according to a study by IiAS. This evaluation takes into consideration the financial statements of FY22 and incorporates announced acquisitions and capital expenditure after the balance sheet date.
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