The National Commodity and Derivatives Exchange Ltd (NCDEX) on Friday imposed additional 5 per cent margin on all castorseed futures contracts following the sustained rally in the prices since October 4.
National Stock Exchange of India (NSE) on Friday launched trading in commodity derivative. To start with, the bourse will focus on non-agri commodities, and gradually broaden product offerings to agri commodities.
Oil prices fell on Thursday as Iran signalled it could be won over to a small rise in OPEC crude output, potentially paving the way for the producer cartel to agree a supply increase during a meeting on Friday.
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