Indian stock market- Cardamom futures up on surging demand

Indian stock market- Cardamom futures up on surging demand

indian stock market

Cardamom futures were trading higher during the morning trade in the domestic market on Thursday as investors and speculators extended their positions in the agri-commodity amid rising in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on higher physical arrivals from the major cardamom producing regions supported the upward trend in the domestic cardamom prices.

At the MCX, cardamom futures for February 2018 contract was trading at Rs 1162 per kg, up by 2.91 per cent, after opening at Rs 1162, against a previous close of Rs 1129.10. It touched the intra-day high of Rs 1162.

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