Monday, 21 March 2011

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Wheat falls on selling pressure

  • Monday, 21 March 2011
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  • The wheat futures advanced its bearish trend on Saturday due to selling pressure. Higher arrivals across the spot markets and bumper crop expectation at major spot markets kept the prices bearish.Absence of the buyers across the spot exerted pressure on the market. Full-fledged harvesting of the crop on congenial weather condition also exerted pressure on the market.OutlookThe wheat futures are



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