Market snaps 2-day losing streak led by auto, realty and financials
The stock market on Tuesday snapped two-day losing streak and gained 0.5 per cent supported by auto, realty and financials after the RBI announced liquidity-boosting measures.
Soybean prices on Thursday went up by Rs 135 to Rs 8,800 per quintal in futures market as traders created fresh positions tracking positive spot demand.
On the National Commodity and Derivatives Exchange, soybean for September delivery rose by Rs 135, or 1.56 per cent, to Rs 8,800 per quintal with an open interest of 12,755 lots.
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Marketmen said raising of fresh positions by speculators on the back of higher demand mainly led to rise in soybean prices.
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