Strength in soy oil and mustard seed futures resulted
in some short covering in the counter.
The counter has been falling mainly due
to good monsoon forecast. However, rise in international edible oil prices and spill-over
effect in the domestic markets led to
short covering in the market. June soy
bean on NCDEX closed at Rs1,516.50 per 100kg, up Rs17.50 from Wednesday. June contract would move
between Rs1,500 and Rs1,530 per quintal.
FREE
FirstStep Seminar! Book your seat
TODAY! To buy and sell shares, log on to
www.sharekhan.com or call our DialnTrade unit on 1-800 227050/
30307600. For account related queries call our Customer
Service cell on 1-800-22-7500/ 39707500 or mail us at
myac...@sharekhan.com.