The move has come after the price of tur and urad saw a sharp jump in prices this week. The prices of the two commodities have been high since early this year which has influenced prices of the entire pulses complex. Lower-than-expected arrivals coupled with good demand are keeping prices under pressure. The government has already allowed the import of both commodities at zero duty till March 2024.
2 top stock recommendations from Rajesh Bhosale
Rajesh Bhosale from Angel One suggests a positive bias in the market, recommending a ‘buy on dip’ strategy. While cautiousness prevails due to Trump’s trade