Impact of Ceasefire News on Markets

12-May-2025 09:38 AM

Impact of Ceasefire News on Markets
★ Following the news of a ceasefire, buying interest disappeared from the markets, leading to increased selling pressure. This affected the prices of all major crops, including tur, chana, masoor and other pulses, mustard, soybean, wheat, and rice.
★ Commodity prices also opened lower across the board.
★ Last week, due to the ongoing conflict, both buyers and sellers were actively participating in the market. However, with the ceasefire announcement, that momentum now seems to be fading.