Mustardseed
yesterday traded with
the negative node and settled -0.53% down at 3782 due to profit booking
tracking weak spot market demand. The trend will depend upon a lot on
the monsoon advancement towards the central, west and north India as
these are the major oilseeds producing belt of India. India's monsoon
rains were 36 percent below average in the week to June 6, the weather
office said, reflecting the delay in the arrival of the seasonal rains
over south India from the usual June 1 start date.
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