Ahead of the New Year, Agri markets managed to stage a
bounce back even as trading activities remained low in the mandis.
Traders anticipate the new year to bring in some positive
sentiments for the Agri counters with recovery expected from these low levels.
Lower
production prospects from a 2nd consecutive weak Monsoon in 2015, falling
stocks amidst lower production reports in International markets also, falling
Rupee, possibility of economic recovery in the International markets, could
pull export demand up in 2016. Higher
imports amidst rising prices in domestic and International markets too could
pull up prices further.
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Website: www.zoidresearch.com
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