Prices of chana and tur have dropped by about 25% in two months, falling below the minimum support prices due to duty-free imports and increased local crop arrivals. While wholesale prices of pulses have decreased significantly, retail prices have not seen a proportional decline. Retail chana dal prices fell 4.3% and tur dal prices dropped 12%.
Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava
According to Rohit Srivastava, the Indian market is experiencing sector rotation, ensuring upward movement after consolidation. Financials, especially NBFCs, are leading the rally due to