Global markets began the second half of 2022 on a firm note, despite overhanging concerns about inflation, economic recovery and rate hikes by central banks.
The farmers, who are now distressed by the low prices, fear the situation might take a turn for the worse as experts say prices might further drop with the arrival of more stock.
They alleged that the shifting will lead to a congestion as they have been allotted 3 acres for the market near the bus stand while the current market is situated in a space of 8 acres.
The government on Friday slapped an export tax on petrol, diesel and jet fuel while also joining nations like the UK in imposing a windfall tax on crude oil produced locally.
Foreign institutional investors remained net sellers in the capital market, as they sold shares worth Rs 851.06 crore on Wednesday, as per exchange data.
The sentiment remains feeble for the rupee amid foreign fund outflows and fear of dollar shortages following quantitative tightening from the US Federal Reserve.
IndusInd Bank, Hindustan Unilever, Axis Bank, Bajaj Finserv, Wipro, HCL Technologies, Titan, Kotak Mahindra Bank and Bajaj Finance were the major laggards among Sensex shares.
International oil benchmark Brent crude dipped 0.95 per cent to USD 116.86 per barrel.
District agriculture officer of Panposh sub-division Religious Beck said between 2005 and 2009, sunflower cultivation in the district had dramatically gone up.
It is estimated that about 50 lakh bags of mirchi is presently stored in cold storages, which will maintain the pace of the business for the next few months.
In the Sensex pack, Mahindra & Mahindra, Reliance Industries, Dr Reddy's Laboratories, Tech Mahindra, Tata Steel and Larsen & Toubro were among the gainers.
The 30-share BSE Sensex was trading 317.41 points lower at 52,843.87. The NSE Nifty dipped 99.65 points to 15,732.40.
On domestic equity market front, the 30-share Sensex was trading 314.88 points or 0.59 per cent lower at 52,846.40, while the broader NSE Nifty declined 101.75 points or 0.64 per cent to 15,730.30.
Among the Sensex pack, Larsen & Toubro, HCL Technologies, Infosys, Tech Mahindra, IndusInd Bank, Asian Paints, Bharti Airtel and Tata Steel were the biggest gainers.
The 30-share BSE Sensex was trading with a jump of 781.52 points to 53,509.50. The NSE Nifty also gained 228.2 points to 15,927.45.