Shares of fertiliser and agrochemical companies were among the top gainers on the BSE on Monday, after monsoons progressed earlier than expected in various parts of the country. Analysts said investors are hoping that the good rainfall could benefit the agriculture sector, which in turn would boost demand for their products. Fertilisers & Chemicals Travancore … Read more
India’s agro-chemical industry has the potential to grow more than the current nine per cent notwithstanding the competition from China, government think tank Niti Aayog member Ramesh Chand said on Wednesday. Chand also observed that many Western countries are shifting from agrochemicals to biopesticides and the Indian industry needs to pay attention to this aspect. … Read more
Most technical data points, such as FPIs’ long-short ratio, current price setup, and India VIX, among others, indicate the correction is not yet over. However, a move above 18,500 by Nifty would reverse the bearishness, according to technical analysts. , , , , and are some of the stocks that look better on charts, said … Read more
NEW DELHI: Farm income-related stocks are back in focus as southwest monsoon looks set to hit Kerala on May 27. A good monsoon tends to increase rural demand. Analysts said if the monsoon goes well, one may see a lift in farm income and, thus, demand, especially when food prices are rising. Two-wheelers, tractors, consumer … Read more