Thursday, 10 March 2011

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Soybean rises on short covering

  • Thursday, 10 March 2011
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  • The soybean futures on Indian exchanges recovered on Wednesday from previous day's sharp decline due to short covering. Speculative buying at lower levels and firm trend in overseas market resulted into recovery in the prices. However, gains were limited as underlying fundamental factors were bearish for the market. Spot markets continued to witness subdued trading on poor off-take of



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