CapitalStars Financial Research Pvt Ltd


CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market.we specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX. Read More

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In this service we provide 3-4 intraday calls in MCX with a high level of accuracy. The calls are given in Precious Metals, Base Metals and Energies. You can also avail Free Tips for two days to test our accuracy and if satisfied you can join the services with Capital Stars. Read More

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We provide you around 1-2 nifty calls, Bank Nifty Futures, nifty futures tips, sgx nifty tips Daily. You can gain more profit, Get 2 days free trial calls. Read More

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In this service we provide 2-4 intraday stock cash calls in NSE/BSE with a high level of accuracy.You can also avail Free Stock Tips for two days to test our accuracy and if satisfied you can join stock cash services with Capital Stars. Read More

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CapitalStars provides Free Trial in Intraday as well as in Positional Services of Equity, Derivatives, and Commodities and Forex Markets. We provide recommendations in NSE, BSE, MCX, NCDEX, and MCX-SX etc. We render you enough entry and exit time in our calls so clients can easily maximize their profits. Read More

Thursday, 15 June 2017

Commodity traders wary of building inventory: 15 June 2017

Stockists halt buying on hopes of farm produce becoming cheaper after GST comes into effect

A sustained fall in prices of farm produce on expectations of a bumper kharif output is hurting farmers nationwide. Traders are not buying even at low prices due to tight liquidity and expectations of even lower prices after the GST is imposed.

The government’s decision to place essential food in the “zero” tax GST bracket has brought trade to a standstill. “Uttar Pradesh levies a purchase tax on wheat and Haryana and Jharkhand levy VAT on rice. Gujarat, Maharashtra, Karnataka, Tamil Nadu and Madhya Pradesh levy VAT on oilseeds. Many such commodities fall in the zero-tax GST bracket. Stockists are wary of building inventory on concerns that VAT credit will not be allowed,” said Unupom Kausik, deputy chief executive officer, National Collateral Management Services, a New Delhi-headquartered warehousing company.

Consequently, many essential commodities are trading below their minimum support prices (MSPs). Tur, for example, in Amravati (Maharashtra) hit its lowest of Rs 3,725 a quintal last week against its MSP of Rs 5,050 a quintal. Paddy in Abhanpur (Chhattisgarh) slumped to  Rs 1,375 a quintal last week, substantially below its MSP of Rs 1510 a quintal. Other commodities, including cereals, oilseeds, and pulses, have faced significant declines in the last few months.

Food Corporation of India (FCI), the National Agricultural Cooperative Marketing Federation of India (Nafed) and the Small Farmers’ Agribusiness Consortium (SFAC) have also not stepped in to buy farm produce at MSP.

“The government’s focus is on preventing the rise of commodity prices. Inflation may be under control, but such decisions are harmful to farmers,” said Yogesh Pande, spokesman of the Swabhimani Shetkari Sanghatna, an organization working for farmers’ welfare in Maharashtra.

The All Indian Kisans’ Coordination Committee has convened a meeting of representatives in New Delhi on June 16. The agenda of this meeting is to recommend fair and realistic MSPs.

Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and Commodity market.We also provide 2 days free trial to our client.Join our services and trade with us. 

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