Millers across the country have said there is a sharp rise in prices in the past 2 weeks. The price of milling wheat in Mumbai has increased by ₹2.5-3/kg during the past 10-15 days touching ₹26/kg. Sanjay Jain Paharia, a wheat exporter from North India, said wheat prices have increased by ₹2/kg to hit ₹25/kg at Kandla.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.