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Guarseed soars on bargain hunting

Guarseed futures soared on bargain hunting followed with short covering. The robust demand for guar gum also weighed on the sentiment.

Favorable weather condition in Rajasthan expected to yield better productivity even though excess water in the fields of Haryana will slow down the growth of crop.

The area under cultivation in Rajasthan has increased by 10 percent to 2.84 million hectares.

Courtesy: Geojit Comtrade Limited

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MCX LEAD 29 February 2012 contract was trading at Rs 106.15 . What's your view on it?
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