BIZ- WEEKLY MARKETS REPORT 2

Grains: In restricted activity, prices of rice basmatiGrains: In restricted activity, prices of rice basmatiand wheat rose at the wholesale grains ...

Grains: In restricted activity, prices of rice basmatiGrains: In restricted activity, prices of rice basmatiand wheat rose at the wholesale grains market on the back ofrising demand against tight stocks position.

However, other grains moved in a narrow range in limiteddeals and settled at previous levels.

Trading activity was restricted as markets remainedclosed on Thursday, Friday and Saturday on account of 'Diwali''Vishwakarma Puja' and 'Bhai Dooj' respectively.

Marketmen said uptick in demand from retailers and ricemills against paucity of stocks on slowdown in arrivals fromproducing belts mainly pushed up rice prices.

Increased offtake by flour mills helped wheat prices toend marginally higher, they said.

In the national capital, rice basmati common and Pusa-1121 variety advanced by Rs 300 each to Rs 7,300-7,400 and Rs6,000-6,100 per quintal respectively.

Wheat dara (for mills) also edged up by Rs 5 to Rs 1,785-1,790 per quintal. Atta chakki delivery followed suit androse by a similar margin to Rs 1,795-1,800 per 90 kg.(MORE)PTI SUN KPSABM.

This is unedited, unformatted feed from the Press Trust of India wire.

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