Turmeric Trading Range For The Day Is 7264-7476 - Indian Stock Market Tips

Turmeric on NCDEX settled up by 0.3% at 7358 on rising physical demand at the spot market. Though, some gains were capped on anticipation of good production from turmeric growing areas in Telangana and Karnataka. Turmeric sowing in Andhra Pradesh and Telangana is almost flat, showed state governments' agriculture department data.

Trading Ideas:

* Turmeric trading range for the day is 7264-7476.

* Turmeric prices gained on rising physical demand at the spot market.

* NCDEX accredited warehouses turmeric stocks dropped by 588 tonnes to 3873 tonnes.

* In Nizamabad, a major spot market in AP, the price ended at 7394.45 Rupees gained 38.55 Rupees.

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