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From farmers to corporate executives, politicians to policy makers and stock market analysts to economists, everyone’s eyes are set on the first monsoon forecast by the India Meteorological Department (IMD), to be posted on Tuesday.
The current year's forecast is majorly important for the agriculture sector with major reports pointing fingers toward the El Nino weather phenomenon, which is likely to happen during the later part of the year.
The current year's forecast is majorly important for the agriculture sector with major reports pointing fingers toward the El Nino weather phenomenon, which is likely to happen during the later part of the year.
The S&P BSE Sensex is trading at 29349 down 64 points, while NSE Nifty is trading at 9123 down 16 points. A total of 143 stocks registered a fresh 52-week high in trade today, while 12 stocks touched a new 52-week low on the NSE.
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