Tuesday, April 02, 2019

EPIC RESEARCH NCDEX UPDATE OF RMSEED 2 APRIL 2019


  • Rmseed trading range for the day is 3752-3804.
  • Rmseed gained on hopes that government would soon start buying in more states at minimum support price (MSP) of Rs 4,200 per quintal.
  • However, upside is seen limited due to record output projection.
  • Agriculture ministry projected India's 2018-19 mustard crop at 8.4 million ton versus 8.3 million ton the country harvested last year.
  • In Alwar spot market in Rajasthan the prices gained 51.5 Rupees to end at 3831.9 Rupees per 100 kg.

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