Monday, 28 March 2016

Turmeric prices hit 4% lower Circuit on Higher Supply in the spot Market @ Updates By Money maker Research

NCDEX Turmeric futures witnessed bearish trend tracking higher availability of stocks in the market. They opened positive note however trade in negative note for major parts during previous trading session.

- April contract closed the trade at Rs.8460/quintal, down by 3.82% from its previous close. We continue to sell Turmeric futures during today’s trading session. Increase in stocks in the spot markets amid moderate demand may weigh negative sentiments on the market. 

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