Reports of Ministry of Commerce asking FMC to ban Guar seed futures trading led to sharp fall in prices. Meanwhile, FMC has clarified there is no ban on futures trading in this. However, FMC may closly monitor the price movement. Currently, Indian prices quoting higher, which is affecting exporters. Prices may remain lower in the short term
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QUOTES OF THE DAY
-->"YOU CAN'T PRODUCE A BABY IN ONE MONTH BY GETTING NINE WOMEN PREGNANT."
-->"IT IS NOT IMPORTANT TO FIGURE OUT WHAT THE MARKET WILL DO. IT IS ALWAYS IMPORTANT TO FIGURE OUT WHAT YOU WILL DO" .....RAJASEKHAR IYER
-->"SHORT TERM PLEASURE OF BOOKING PROFITS IS DETRIMENTAL TO CREATION OF WEALTH.".........NAWIN SINHA
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