The Indian government has announced plans to integrate 28 new wholesale mandis, or market yards, with the online trading platform eNAM. This will bring the total number of integrated mandis to 1,389. The Agriculture Secretary, Manoj Ahuja, highlighted the importance of providing key information to stakeholders in order to remove information asymmetry. He also emphasized the need to make the entire value chain more efficient and reduce wastage.
Nifty faces stiff resistance near 25,100; sector rotation is key
Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across