Today Lead futures drop 0.58% on diminishing demand

 

Lead futures were trading lower during morning trade in the domestic market on Friday as investors and speculators cut down their positions in the industrial metal amid subdued physical demand for lead, from battery-makers, in the domestic spot market.

Further, a downward trend in physical demand from battery-makers in the domestic spot market, influenced prices of lead at futures trade.

At the MCX, lead futures for March 2017 contract is trading at Rs 153.45 per kg, down by 0.58 per cent, after opening at Rs 153.30, against a previous close of Rs 154.35. It touched the intra-day low of Rs 153.20

Read More - Lead  Updates

Today Lead futures surge as Demand picks up in market

 

Lead futures jumped over 1 per cent during morning trade in the domestic market on Friday as investors and speculators widened their bets in the industrial metal amid pick up in physical demand for lead, from battery-makers, in the domestic spot market.

Further, an upward trend in physical demand from battery-makers in the domestic spot markets, supported lead prices at futures trade.

At the MCX, lead futures for December 2016 contract is trading at Rs 134.15 per kg, up by 1.09 per cent, after opening at Rs 133.70, against a previous close of Rs 132.70. It touched the intra-day high of Rs 134.40.

 

Read More - Lead Updates

lead futures lifts by 1.13% for Spot demand in market

 

Lead futures rose during morning trade in the domestic market on Thursday as investors and speculators extended their positions in the industrial metal amid surge in physical demand for lead, from battery-makers, in the domestic spot market.

Further, an upward trend in physical demand from battery-makers in the domestic spot market, supported prices of lead at futures trade.

At the MCX, lead futures for December 2016 contract is trading at Rs 161.60 per kg, up by 1.13 per cent, after opening at Rs 162.05, against a previous close of Rs 159.80. It touched the intra-day high of Rs 162.20 .
 

Read More - Lead updates

Lead futures up on spot demand during the morning trade

 

Lead futures were trading higher during the morning trade in the domestic market on Thursday on rising demand from battery makers.

Furthermore, a firming trend in base metals overseas supported the upside in metal prices.

At the MCX, lead futures for October 2016 contract is trading at Rs 133.35 per kg, up by 0.11 per cent, after opening at Rs 133.20, against a previous close of Rs 133.20. It touched the intra-day high of Rs 133.45.

Read more -Lead Updates

Today Lead futures up 0.74% on Robust demand in Market

 

Lead futures were trading higher during the morning trade in the domestic market on Thursday as participants started building up fresh positions in the industrial metal on account of increase in physical demand for lead, from battery-makers, in the domestic spot market.

Further, a rise in demand from battery-makers in the domestic spot market, supported prices of lead at the domestic spot markets.

At the MCX, lead futures for September 2016 contract is trading at Rs 130.10 per kg, up by 0.74 per cent, after opening at Rs 129.85, against a previous close of Rs 129.15. It touched the intra-day high of Rs 130.20 .

 

Read More - Lead updates

Today Lead futures surge on spot demand at the Market

Lead futures were trading higher during the morning trade in the domestic market on Wednesday as participants widened their positions in the industrial metal amid a surge in physical demand for lead, from battery-makers, in the domestic spot market.

Further, increase in demand from battery-makers in the domestic spot market, supported the prices of lead in the spot markets. At the MCX, Lead futures for August 2016 contract is trading at Rs 121.15 per kg, up by 0.29 per cent, after opening at Rs 120.80, against a previous close of Rs 120.80. It touched the intra-day high of Rs 121.30 

Read More - lead Updates

Lead Updates - Lead bites the dust on Tepid Physical Demand

Lead Updates - Lead futures fell during noon trade in the domestic market on Wednesday as investors and speculators exited positions in the industrial metal amid weak physical demand for lead, from battery-makers, in the domestic spot market. 

 

A renewed slump in global equity markets and an extended slide in oil soured the appetite for risky assets, also weighing on the industrial metal.
 

A third straight drop in German business confidence in February signaled a worsening outlook for Europe’s biggest economy, dimming the demand prospects for metals. The gauge measuring German business sentiment fell to 105.7 in February from 107.3 in January.
 

At the MCX, Lead futures for February 2016 contract were trading at Rs.115.75 per 1 kg, down by 1.03 per cent, after opening at Rs. 116.25, against the previous closing price of Rs. 116.95. It touched the intra-day low of Rs. 115.6.

Evening Updates - Lead rises 0.94 pct on drop in stockpiles

Lead prices rose by 0.94 per cent on Thursday at the domestic markets due to the decline in the lead stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity. LME lead stocks fell by 975 metric tonnes to 185100 metric tonnes as on February 4, 2016.

At the MCX, Lead futures, for the February 2016 contract, is trading at Rs 123.60 per kg, up by 0.94 per cent, after opening at Rs 123.55, against a previous close of Rs 122.45. It touched an intra-day high of Rs 124.25 till the trading.
 

Prices also rose due to high demand from battery-makers and other consuming industries at the domestic spot market as well as a strong trend at the global market.

Evening Updates - Lead Dips Amid weak Overseas Trend

Lead Tips - Lead prices fell by 0.27 per cent on Monday at the domestic markets as a result of low demand for the commodity from battery-maker in the spot market in the midst of weak overseas trend.

At the MCX, Lead futures, for the January 2016 contract, is trading at Rs 110.45 per kg, down by 0.27 per cent, after opening at Rs 110.15, against a previous close of Rs 110.75. It touched an intra-day low of Rs 110.10 till the trading. (At 3.30 PM today). However, losses were curbed due to the decline in the lead stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity. LME lead stocks fell by 825 metric tonnes to 187900 metric tonnes as on January 25, 2016.

Evening Update - Lead Gains On Drop In Inventories

Lead prices rose by 0.64 per cent on Friday at the domestic markets due to a decline in lead stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity. LME lead stocks fell by 100 metric tonnes to 191175 metric tonnes as on January 8, 2016.

At the MCX, Lead futures, for the January 2016 contract, is trading at Rs 110.90 per kg, up by 0.64 per cent, after opening at Rs 109.90, against a previous close of Rs 110.20. It touched an intra-day high of Rs 111.25 till the trading.
 

Sentiment improved further due to high demand from battery-makers and other consuming industries at the domestic spot market as well as a srong trend at the global market.

Lead drops 1.52% on weak industrial Demand

Lead prices fell by 1.52 per cent on Monday at the Domestic markets as a result of low demand for the commodity from battery-maker in the spot market in the midst of weak overseas trend. At the MCX, Lead futures, for the December 2015 contract, is trading at Rs 116.75 per kg, down by 1.52 per cent, after opening at Rs 117.45, against a previous close of Rs 118.55. It touched an intra-day low of Rs 115.85 till the trading. (At 3.30 PM today).
 

The London Metal Exchange (LME) lead stocks remained unchanged at 191650 metric tonnes as on January 4, 2016.

Lead Gains 1.16% Owing to High Demand from industries

Lead prices rose by 1.16 per cent on Monday at the domestic markets as a result of high demand for the commodity from battery-maker in the spot market in the midst of strong overseas trend.

At the MCX, Lead futures, for the December 2015 contract, is trading at Rs 113.10 per kg, up by 1.16 per cent, after opening at Rs 112.05, against a previous close of Rs 111.80. It touched an intra-day high of Rs 116.05 till the trading.

 

However, gains were limited due to the surge in the lead stockpiles at the London Metal Exchange (LME) on account of the weak demand for the commodity. LME lead stocks rose by 12525 metric tonnes to 191825 metric tonnes as on December 21, 2014.

Lead futures were Trading Higher During Noon trade

Base Metal Tips - Lead futures were trading higher during noon trade in the domestic market on Monday as investors and speculators booked fresh positions in the industrial metal amidst a pickup in physical demand for Lead in the domestic market.

A rebound in German factory orders in October signaled a fastening recovery in Europe’s biggest economy, bolstering the demand outlook for the industrial metal. German factory bookings climbed for the first time in four months, up by 1.8 per cent in October over the previous month, while industrial output rose 0.2 per cent from September, when it had dipped 1.1 per cent.

At the MCX, Lead futures for December 2015 contract is trading at Rs 113.10 per 1 kg, up by 0.22 per cent after opening at Rs 112.80, against the previous closing price of Rs 112.85. It touched the intra-day high of 113.40.

Lead Falls On Weak Industrial Demand

Base Metal Tips - Lead prices fell by 0.05 per cent on Friday at the domestic markets as a result of low demand for the commodity from battery-maker in the market in the midst of weak overseas trend. At the MCX, Lead futures, for the December 2015 contract, is trading at Rs 111.05 per kg, down by 0.05 per cent, after opening at Rs 111.05, against a previous close of Rs 111.10. It touched an intra-day down of Rs 110.65 till the trading.
 

However, losses were limited due to the decline in the lead stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity. LME lead stocks fell by 175 metric tonnes to 127950 metric tonnes as on December 4, 2014.

Agro Outlook Updates and Free Trading Tips for 24 April 2015

Stock Market News: Maize prices closed higher by 0.76 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of a rise in the demand from exporters and poultry industries. At NCDEX, maize futures for May 2015 contract closed at Rs. 1,195 per quintal, up by 0.76 per cent, after opening at Rs. 1,189 against the previous closing price of Rs. 1,186. It touched the intra-day high of Rs. 1,201.

Jeera prices closed lower by 0.3 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export demand. At the NCDEX, jeera futures for May 2015 contract closed at Rs. 18,405 per quintal, down by 0.3 per cent, after opening at Rs. 18,400 against the previous closing price of Rs. 18,460. It touched the intra-day low of Rs. 18,260.

Barley prices closed higher by 2.98 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of strong demand from beer and cattle-feed making industries against restricted supply in physical markets. At NCDEX, barley futures for May 2015 contract closed at Rs. 1,228 per quintal, up by 2.98 per cent, after opening at Rs. 1,192 against the previous closing price of Rs. 1,192.5. It touched the intra-day high of Rs. 1,230.

Chana prices closed higher 1.97 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the traders enlarged their holdings in the commodity on account of the good demand in the market. At NCDEX, chana futures for May 2015 contract closed at Rs. 4,045 per quintal, up by 1.97 per cent, after opening at Rs. 3,972 against the previous closing price of Rs. 3,967. It touched the intra-day high of Rs. 4,049.

Stock Market Trading Tips

ULTRA FUTURES

ULTRA FUTURE: STBT BOOK PART PROFIT IN WOCK PHARMA SELL CALL AT CMP 1325 NEAR TO OUR 1ST TGT 1320

ULTRA FUTURES

ULTRA FUTURE: CORRECTION STBT BOOK PART PROFIT IN AURO PHARMA SELL CALL AT CMP 1325 NEAR TO OUR 1ST TGT 1320

ULTRA EQUITY

ULTRA CASH: SELL UBL BELOW 1060 TGTS 1050/1030 SL 1070 

STOCK FUTURES

FUTURE: STBT ADANI ENETRPRISE HIT 1ST TGT 666 LOW OF 665.25 BOOK PART PROFIT AND EXIT 

STOCK OPTIONS

OPTION: BUY BHARTIARTL 410 CALL ABOVE 4.50 TGTS 5.50/7/9.50 SL 3

EQUITY HNI

EQUITY HNI: BUY THERMAX ABOVE 995 TGTS 1005/1020 SL 983 

STOCK FUTURES

FUTURE: BUY AXIS BANK ABOVE 527 TGTS 530/535/542 SL 523 

ULTRA FUTURES

ULTRA FUTURE: BUY HEXAWARE ABOVE 314 TGTS 315.25/317 SL 312.75

ULTRA FUTURES

ULTRA FUTURE: HEXAWARE HIT 1ST TGT 315.25 HIGH OF 315.40 BOOK PART PROFIT

FUTURE BONANZA

FUTURE BONANZA: BOOK PART PROFIT IN WOCK PHARMA SELL CALL AT CMP 1692.40 NEAR TO OUR 1ST TGT 1690, PROFIT OF RS. 3800 IN SINGLE LOT

Mcx Commodity Tips and News For 23 April 2015

Stock Market News: Natural Gas futures ended bigger in the domestic and overseas market on Wednesday as investors and speculators booked fresh positions in the energy commodity as traders eyed the weekly EIA storage numbers set for release on Thursday to gauge the strength of demand for the fuel in the world’s largest fuel consumer, the US. Analysts expect an 80 billion cubic feet build in US stockpiles in the week ended April 17, 2015, which will be well above the 45 billion cubic feet uptick witnessed in the same period a year ago, and topping the five-year average gain of 46 billion cubic feet.

At the MCX, Natural Gas futures for April 2015 contract ended at Rs 164.1 per 1 kg, up by 1.11 per cent after opening at Rs 161.7, against the last closing price of Rs 162.3. It touched the intra-day high of Rs 165.4 till the closing.

Zinc futures ended bigger in the domestic market on Wednesday as investors and speculators booked fresh positions in the industrial metal amid a pickup in physical demand for zinc in the domestic spot market. Investors cast aside China leading index data which rose 0.2 % in March from February when it climbed 1.4 per cent, signaling a worsening economic slowdown in the world’s biggest metals consumer. Meanwhile, consumer confidence in the Euro area fell this month, signaling doubts over the recovery in the 19-member economy. The gauge measuring Euro area consumer confidence fell to -4.6 in April from -3.7 in March.

At MCX, Zinc futures for April 2015 contract ended at Rs 140.85 per 1 kg, up by 1.37 per cent after opening at Rs 138.95, against the last closing price of Rs 138.95. It touched the intra-day high of Rs 141.15 till the closing.

Calls for Market Trading

ULTRA FUTURES

ULTRA FUTURE: BUY HDIL ABOVE 126.50 TGTS 127.15/128 SL 125.85 

EQUITY HNI

EQUITY HNI: BUY KRBL ABOVE 164 TGTS 166.50/170 SL 161

ULTRA EQUITY

ULTRA CASH: BUY CENTURYTEXTILE ABOVE 741.50 TGTS 748/758 SL 734

EQUITY HNI

EQUITY HNI: KRBL BUY CALL HIT 1ST TGT 166.50 CMP 167.30 HIGH OF 167.40 BOOK PART PROFIT 

ULTRA FUTURES

ULTRA FUTURE: BUY WOCK PHARMA ABOVE 1760 TGTS 1765/1772 SL 1755

ULTRA EQUITY

ULTRA CASH: SELL BAJAJFINSV BELOW 1337 TGTS 1325/1310 SL 1351 

EQUITY TIPS

CASH: BUY AMBUJACEM ABOVE 244.50 TGTS 246.50/249.50/254.50 SL 241.50

EQUITY HNI

EQUITY HNI: JETAIRWAYS HIT 1ST TGT 417 REC TO BUY @ 412 YESTERDAY BOOK PART PROFIT 

EQUITY HNI

EQUITY HNI: JETAIRWAYS HIT FINAL TGT 427 HIGH OF 427.40 REC TO BUY @ 412 YESTERDAY BOOK FULL PROFIT 

STOCK FUTURES

FUTURE: ARVIND HIT 1ST TGT 269 HIGH OF 269.70 BOOK PART PROFIT

Commodity Updates: India retains 3rd slot in global steel production

Stock Market News: India retained its position as the world's third-largest steel producer with a production of 14.6 million tonnes (MT) in the first three months of 2015, reported PTI. World Steel Association data showed that the country's production increased by 9.4 % in January-March quarter this year compared with the first three months last year. In February, India tumbled the US to become the world's third-biggest steel producer, after China and Japan. In March, the country's crude steel production grew by 10 % to 7.2 MT, while the global average decreased by 2.7 %. China, which produces half of the world's steel saw a decreased of around 2 % to clock 203.5 MT in the first 3 months of the year. On the other hand, world number two Japan saw a fall of 3 per cent to report steel production of 26.74 MT during the January to March period. In this month, Prime Minister Narendra Modi had said India needs to increase its steel production to surpass China to become the largest producer in the world, after it overtook the US.

Trading Calls

ULTRA FUTURES

ULTRA FUTURE:’ BUY BPCL ABOVE 807 TGTS 812/819 SL 802

INTERNATIONAL FOREX PACK

I FOREX: BUY GBPUSD ABOVE 1.4935 TGTS 1.4955/1.4985 SL 1.4915 

STOCK FUTURES

FUTURE: BUY REC LTD ABOVE 327.50 TGTS 329/331.50/335 SL 325.50 

ULTRA FUTURES

ULTRA FUTURE: BPCL HIT 1ST TGT 812 HIGH OF 812.20 BOOK PART PROFIT 

ULTRA OPTIONS

ULTRA OPTION: BUY DLF 140 CALL ABOVE 4.50 TGTS 5.50/7.50 SL 3.50 

EQUITY HNI

EQUITY HNI: BUY BAJAJFINSV ABOVE 1360 TGTS 1375/1400 SL 1345

OPTIONS HNI

OPTION HNI: BTST WOCKPHARMA 1700 CALL HIT 1ST TGT 65 HIGH OF 73.70 CMP 64.90 REC TO BUY @ 59

EQUITY TIPS

CASH: BHARTARTL BUY CALL HIT 1ST TGT 396.25 HIGH OF 396.90 BOOK PART PROFIT

Natural Gas and crude oil updates for 21 April 2015

Stock Market News: Natural Gas futures plunged in the domestic and overseas market on Monday as investors and speculators exited positions in the energy commodity amid worries that the onset of the spring season which may bring more seasonal weather in the US may cut demand for the heating fuel in the world’s biggest fuel user. The spring season is traditionally when demand for the energy commodity is the weakest amid lack of extreme temperatures which reduces the need for cooling or heating homes and offices. About 49 per cent of American households use natural gas for heating purposes.

At the MCX, Natural Gas futures for April 2015 contract closed at Rs 161 per 1 kg, down by 2.37 per cent after opening at Rs 164.2, against the previous closing price of Rs 164.9. It touched the intra-day low of Rs 160.3 till the ending.

Crude oil futures surged in the domestic market on Monday as investors and speculators booked fresh positions in the energy commodity as an ongoing drilling slowdown in the US evident by a nineteenth straight drop in the weekly rig count signaled slower oil production, easing fears over a global supply glut.

Further, the People’s Bank of China slashed the reserve requirements for lenders for the second time in less than two months in a bid to help stave off a worsening slowdown in the world’s second biggest economy, lifting the demand outlook for the fuel. China’s central bank cut the amount that banks need to set aside as reserves by 1 percentage point or 100 basis points to 18.5 %. Oil may fall today after Saudi Arabia signaled that the country likely pumped in a record 10 million barrels per day of oil in April, just as it did in March, widening a supply surplus.

At the MCX, Crude oil futures, for the April 2015 contract, closed at Rs 3,531 per barrel, up by 1.06 per cent, after opening at Rs 3,529, against the previous close price of Rs 3,494. It touched an intraday high of Rs 3,577 till the closing.

Todays Calls for Trading

NIFTY BONANZA

NIFTY BONANZA: BTST BANK NIFTY HIT 1ST TGT 18200 HIGH OF 18207.40 REC TO BUY @ 18090 BOOK PART PROFIT

STOCK FUTURES

FUTURE: SELL UPL BELOW 406 TGTS 404.50/402/398.50 SL 408

STOCK OPTIONS

OPTION: BUY BHARTIARTL 410 CALL ABOVE 8 TGTS 10/13/18 SL 5

STOCK FUTURES

FUTURE: UPL HIT 1ST TGT 404.50 BOOK PART PROFIT

STOCK FUTURES

FUTURE: UPL HIT 2ND TGT 402 LOW OF 399.15 NEAR TO OUR FINAL TGT 398.50 BOOK FULL PROFIT

ULTRA FUTURES

ULTRA FUTURE: BUY BPCL ABOVE 815 TGTS 820/827 SL 810 

ULTRA OPTIONS

ULTRA OPTION: BUY AMTEKAUTO 170 CALL ABOVE 1.30 TGTS 2.30/4.30 SL 0.30 

ULTRA FUTURES

ULTRA FUTURE: BUY WOCK PHARMA ABOVE 1694 TGTS 1699/1706 SL 1689 

EQUITY HNI

EQUITY HNI: BUY IDEA @ 192.50-192.60 TGT 197/200 SL 188 

ULTRA FUTURES

ULTRA FUTURE: BPCL ALMOST HIT 1ST TGT 820 HIGH OF 819.50 BOOK PART PROFIT

ULTRA FUTURES

ULTRA FUTURE: WOCK PHARMA HIT 1ST TGT 1699 BOOK PART PROFIT 

ULTRA FUTURES

ULTRA FUTURE: WOCK PHARMA HIT FINAL TGT 1706 HIGH OF 1711 BOOK FULL PROFIT AND EXIT THE POSITION AT CMP

Stock Market News and Tips for 20 April 2015

Stock Market News: Chana prices ended lower by 1.82 % on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the steady sowing progress of pulses along with high supplies in major producing states. At NCDEX, chana futures for April 2015 contract ended at Rs. 4,035/quintal, downward by 1.82 %, after opening at Rs. 4,056 against the last ending price of Rs. 4,110. It touched the intra-day low of Rs. 4,022.

Jeera prices ended higher by 3.43 % on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the commodity in the midst limited arrivals from growing regions. At NCDEX, jeera futures for April 2015 contract ended at Rs. 17,940/quintal, upward by 3.43 %, after opening at Rs. 17,570 against the last ending price of Rs. 17,345. It touched the intra-day high of Rs. 18,035.

Maize prices ended higher by 1.79 % on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of a rise in the demand from exporters and poultry industries. At NCDEX, maize futures for May 2015 contract ended at Rs. 1,191/quintal, moved upward by 1.79 %, after opening at Rs. 1,168 against the last ending price of Rs. 1,170. It touched the intra-day maximum of Rs. 1,194.

Zinc futures ended lower in the domestic market on Friday as investors and speculators exited positions in the industrial metal amid subdued physical demand for zinc in the domestic spot market.

At MCX, Zinc futures for April 2015 contract ended at Rs 138.55/1 kg, downward by 0.25 % after opening at Rs 138.7, against the last ending price of Rs 138.9. It touched the intra-day low of Rs 138.15 till the ending.

MONDAY MORNING CALLS

ULTRA FUTURES

ULTRA FUTURE: BUY BPCL ABOVE 810 TGTS 815/822 SL 805

STOCK FUTURES

FUTURE: HDIL HIT 1ST TGT 129.30 BOOK PART PROFIT

FUTURE: SELL HDIL BELOW 129.70 TGTS 129.30/128.65/127.80 SL 130.20

STOCK FUTURES

FUTURE: HDIL HIT 2ND TGT 128.65 BOOK MORE PROFIT

STOCK FUTURES

FUTURE: HDIL HIT FINAL TGT 127.80 LOW OF 127.65 BOOK FULL PROFIT

FUTURE BONANZA

FUTURE BONANZA: BUY HDIL ABOVE 129.50 TGTS 130.75/132.50 SL 128.25 

ULTRA EQUITY

ULTRA CASH: BUY JETAIRWAYS ABOVE 443 TGTS 447/454/464 SL 438 

ULTRA OPTIONS

ULTRA OPTION: BUY WOCKPHARMA 1700 CALL ABOVE 60 TGTS 64/74 SL 55 

EQUITY HNI

EQUITY HNI: BUY CENTURYTEXTILE ABOVE 700 TGTS 710/730 SL 687

EQUITY TIPS

CASH: GAIL INDIA BUY CALL ALMOST HIT 1ST TGT 390.50 HIGH OF 390.35 BOOK PART PROFIT

Mcx commodity tips: Natural Gas Futures Swiped in the Domestic and Overseas Market

Mcx commodity tips: Natural Gas futures swiped in the domestic and overseas market on Wednesday as investors and speculators booked fresh positions in the energy commodity as investors eyed the release of the weekly US storage data on Thursday to gauge the strength of the desired for the weather-sensitive fuel in the world’s biggest fuel consumer.

At MCX, Natural Gas futures for April 2015 contract ended at Rs 163.90 per 1 kg, up by 3.73 % after opening at Rs 157.10, against the last ending price of Rs 158. It touched the intra-day high of Rs 164.2 till the ending.

Mustard seed prices ended higher by 2.48 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At NCDEX, mustard seed futures for April 2015 contract ended at Rs. 3,725 per quintal, up by 2.48 %, after opening at Rs. 3,770 against the last ending price of Rs. 3,635. It touched the intra-day high of Rs. 3,770.

Maize prices ended lower by 1.59 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of heavy selling activity by the traders on account of higher global supplies and weak offtakes from the local buyers. Sentiment weakened further as a result of a decline in the desired for the commodity from bio-fuel making industries tracking the weak global markets. At NCDEX, maize futures for April 2015 contract ended at Rs. 1,177 per quintal, down by 1.59 %, after opening at Rs. 1,186 against the last ending price of Rs. 1,196. It touched the intra-day low of Rs. 1,175.

Barley prices ended lower by 1.64 % on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors booked profits at the higher on account of the weak physical markets and also due to the fall in the desired from beer and cattle-feed makers. Sentiment weak-ended further on account of a surge in the arrivals of the commodity along with the sluggish desired on higher levels. At NCDEX, barley futures for April 2015 contract ended at Rs. 1,177 per quintal, down by 1.64 %, after opening at Rs. 1,191 against the last ending price of Rs. 1,158. It touched the intra-day low of Rs. 1,177.