Agri Picks Report June 03, 2024: Geojit Financial Services

commodities

Geojit Financial Services's report on Daily Agri Picks

Southwest monsoon is likely to advance to parts of Karnataka, some more areas in Tamil Nadu and the remaining parts of Kerala and Lakshadweep in the next two to three days, the India Meteorological Department said today. The monsoon, which hit Kerala and northeast India on Thursday, covered entire Tripura, Meghalaya, Assam and most parts of sub-Himalayan West Bengal and Sikkim today, the weather bureau said. The northern limit of the monsoon currently passes through Amini in Lakshadweep, Kannur in Kerala, Coimbatore and Kanniyakumari in Tamil Nadu and Islampur in West Bengal, IMD said. The weather bureau has forecast very heavy rainfall over Assam, Meghalaya, Arunachal Pradesh, sub-Himalayan West Bengal and Sikkim over the next five days, the weather bureau said. The department has also predicted heavy showers over Nagaland, Manipur, Mizoram and Tripura today and extremely heavy rainfall over Meghalaya today. Heavy rainfall is also likely over Kerala and Andaman and Nicobar Islands till Sunday, the weather department said. Heavy rainfall is also likely over Tamil Nadu and south interior Karnataka during the weekend, and over coastal Andhra Pradesh, Telangana and Rayalaseema on Sunday, it said. Heatwave conditions prevailing over northwest, central and east India are likely to reduce gradually during the next two to three days, the weahter bureau said, adding that severe heatwave conditions are very likely over many parts of Haryana, Delhi, west Rajasthan, east Uttar Pradesh, Odisha and Vidarbha today. The maximum temperature recorded Thursday was at Sri Ganganagar in west Rajasthan at 48.3 degrees Celsius. Parts of Meghalaya received extremely heavy rainfall and parts of subHimalayan West Bengal, Sikkim and Assam got very heavy rainfall on Thursday, it said.

For all commodities report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

03062024 - co