SENSEX
NIFTY 50
Hang Seng
Taiwan Weighted
MCX GOLD JUN 04
MCX SILVER MAY 05
USD/INR
EUR/INR80.0630

SENSEX
NIFTY 50
NIFTY MIDCAP 100
S&P BSE MIDCAP
Hang Seng
Taiwan Weighted
DAX
Nasdaq
MCX GOLD JUN 04
MCX SILVER MAY 05
MCX CRUDEOIL APR 19
MCX NATURALGAS APR 27
USD/INR
EUR/INR
GBP/INR
JPY/INR

Stock Market Live: Sensex, Nifty recoup losses, turn flat; metals, pharma stocks gain; auto drag

Asia shares cautious ahead of US earnings and inflation data

Oil holds near one-month highs as demand forecasts raised

Rupee slips below 75/USD level in early trade ahead of release of key macroeconomic data

Here’s why soft commodities are in focus

Updated : March 30, 2021 01:38 PM IST

In the non-agricultural space, it is the metals that are doing the best, then you have crude as second and precious metals at a very bad third there.

Agricultural commodities have been a bit of a concern because prices have hit near multi-year highs for many of these, but that really seems to be softening at this point in time and that is because the higher prices have led to higher sowing in the latest season.

Also, there is an International Grains Council report which says that the global grain production for 2020-2021 is expected at a record high of around 2.28 billion tonnes. Within this, expect a record crop in wheat and a very high crop in maize, soybean and maximum in rice as well.

As compared to the previous year all of these four major food grains are looking at production higher by anywhere between 2-12 percent.

Watch this video for more.

Published : March 30, 2021 01:36 PM IST

You May Also Like

Infosys shares decline 5% after Q4 results; IT index down over 1%

Infosys shares decline 5% after Q4 results; IT index down over 1%

Sony Xperia 1 III and 5 III announced with better screens and cameras

Sony Xperia 1 III and 5 III announced with better screens and cameras

Mandatory gold hallmarking from June 1: What you should know

Mandatory gold hallmarking from June 1: What you should know

Trending on CNBC-TV18

Live TV

recommended for you