Guargum NCDEX Oct 8000 7860/ 8320 8500 Sideways weak opening, may recover later

Cardamom MCX Sep 778 770/ 800 810 Sideways weak opening, may recover later

Dhaniya NCDEX Sep 10500 10350/ 10800 11000 Bullish opening, may fall later

Turmeric NCDEX Sep 7450 7340/ 7600 7680 Bearish opening, may recover later

Jeera NCDEX Sep 14800 14680 /15110 15260 Sideways opening, may fall later

CPO MCX Aug 396 392/ 404 407 Bearish opening, may recover later

Ref Soy Oil NCDEX Oct 551 545/ 570 576 Sideways firm opening, may fall later

RM seed NCDEX Sep 4070 4030- 4140 4175 Sideways opening, may fall later

Soybean up dates

Soybean NCDEX Oct 3076 3040 3020 3100 3125 Sideways opening, may fall later 

REC surges after Q1 net profit rises 15% on higher income

  Rural Electrification Corporation Ltd., a state-run lender to rural power projects, surged Monday after fiscal first quarter net profit rose 15% on higher interest income.

  Net profit rose to Rs 14.78 billion for the three months ended Jun 30 compared to Rs 12.82 billion in the corresponding period year ago, Rural Electrification Corp said in a statement to the stock exchanges on Friday after market hours.

  The rise in profits was despite a one time RBI mandated allowance against restructured loans of Rs 1.39 billion and an increase in the provisioning against standard loans to 0.30% in a phased manner.

  This means that contingent allowance against standard loan assets rose to Rs 327.1 million compared to Rs 143.7 million in the same period a year ago.

  Operating income rose 21.3% to Rs 56.62 billion for the quarter ended June 30, while operating expenses went up 22% to Rs 35.85 billion for the same period.

  Other income of the company rose 18% to Rs 467.4 million in the Apr-Jun quarter.

  At 10AM, REC rose 3.15% to Rs 275.20 on the Mumbai stock exchange. The 30-share Sensex index rose 0.44% to 28,359.04