Stock market ends lower amid selling in select heavyweights
At the close, the Sensex was 142 points, or 0.19%, lower at 75,867.80, while the Nifty 50 settled with a nominal loss of 7 points, or 0.03%, at 23,907.15.
Soybean prices on Thursday went up by Rs 135 to Rs 8,800 per quintal in futures market as traders created fresh positions tracking positive spot demand.
On the National Commodity and Derivatives Exchange, soybean for September delivery rose by Rs 135, or 1.56 per cent, to Rs 8,800 per quintal with an open interest of 12,755 lots.
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Marketmen said raising of fresh positions by speculators on the back of higher demand mainly led to rise in soybean prices.
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