There is a 52.98% % deficit in the sowing area, from 99.73 million hectares in 2021 to 46.897 million hectares as on August 12, according to data on the agriculture ministry’s National Food Security Mission website.
Dalal Street Week Ahead: Time to get cautious & defensive after Nifty’s swift runup
From a technical standpoint, the previous week has created a gap. In the process, the index has shifted its support zones higher in the range