The Securities and Exchange Board of India (SEBI) has banned exchanges from launching new futures contracts in paddy, wheat, chana, mustard seeds, soybean and its products, crude palm oil and moong for a year. SEBI said that no new contracts would be allowed on these commodities for one year, and no new positions would be permitted to be taken and only squaring off would be allowed.
- Tata Consumer Products Shares Fell 3% Despite Decent Q4FY24 Business and Financial Performance
- Stocks Under F&O Ban: Zee Entertainment, Vodafone Idea, and Others
- BharatPe Launched All-In-One Payment Product – BharatPe One
- KP Energy Shares Locked at 5% Upper Circuit On Securing New Order and Release of Financials
- RIL Becomes First Indian Company To Cross Rs 100,000 crore Threshold Pre-tax Profits, Shares Traded Flat
According to data sourced from the market, from October to the end of November, soybean rates in the Indore markets have increased to 76 per cent, Rs 6,200. The minimum support price of soybean for 2021-22 is Rs 3,950 a quintal. The latest data from the agriculture ministry showed that wheat and rabi crops had been implanted in around 27.77 million hectares till December 17, while chana has been sown in 9.79 million hectares. The maximum area increase is of mustard seed which is sown mustard crop in around 8.42 million hectares.