Stock markets may face volatility in a holiday-shortened week ahead amid the scheduled monthly expiry of derivatives contracts, besides global trends will continue to influence trading at the benchmark indices, analysts said. Focus would also remain on the movement of monsoon and trading activity of Foreign Institutional Investors (FIIs). Equity markets will remain closed on Wednesday for Bakri Id. "As we enter a new week, the market is expected to lack clear cues, but the expiration of June's F&O contracts may introduce some volatility as traders roll over their positions," said Santosh Meena, Head of Research, Swastika Investmart Ltd. On the domestic front, the movement of monsoon will be crucial, and fortunately, it is gaining momentum, Meena said. He further added that in global markets, investors will closely monitor the movement of crude oil prices, the dollar index, and the US bond yields. "We expect volatility to remain high due to the scheduled expiry of June month ...
'Panic not warranted'; there have been years of poor June rain but good monsoon
Temperature is likely to increase in Uttar Pradesh. From June 8-11, in some parts of June, the temperature can go up to 45°C
IMD will come out with its region-wise forecast for later this month
The southwest monsoon withdrew from the entire country on Sunday, a week later than normal, the weather office said. India witnessed a normal monsoon season for the fourth consecutive year with 925 mm rainfall which was 106 per cent of the long-period average (LPA) of 880 mm. "The Southwest Monsoon has withdrawn from the remaining parts of the country today, October 23, 2022," the India Meteorological Department said on Sunday. A late surge by the monsoon in September helped cut the large deficit in rainfall in Uttar Pradesh, Bihar, Jharkhand, West Bengal and the northeast, but not before impacting the main paddy crop in some states. Rains continued to linger on beyond September 30, which marks the end of the southwest monsoon season, mainly due to two cyclonic circulations active over Madhya Pradesh and south Gujarat and its interaction with the mid-latitude weather systems, which brought rains to parts of north-west and central India in October. IMD statistics show that post-mon
Harvesting of paddy has been delayed in the main states of Punjab, Haryana, UP and even Madhya Pradesh because of late withdrawal of southwest monsoon which has left the fields wet
Ground reports show much of the paddy is yet to be harvested in North India due to the delayed withdrawal of the southwest monsoon
The rains which started on a moderate note in the month of June is however not expected to go away in a hurry and as per the latest forecast by India Meteorological Department (IMD)
The southwest monsoon -- which gave highly uneven rainfall this year -- has withdrawn from Delhi, the Met department said on Thursday. Usually, the monsoon starts retreating from northwest India by September 17 and withdraws from Delhi within a week. "The southwest monsoon has withdrawn from Punjab; some parts of Jammu & Kashmir, Himachal Pradesh, west Uttar Pradesh, Haryana and Rajasthan and entire Delhi," India Meteorological Department said. The Safdarjung Observatory, Delhi's primary weather station, logged 516.9 mm of rainfall this monsoon season, less than half of the precipitation received last year (1169.4 mm). The capital recorded an overall rain deficit of 19 percent this monsoon season. Up to 19 percent of deficient and excess rain is considered 'normal'. according to the IMD. Delhi stared at a much larger rain deficit till September 20. However, a late spell of incessant rains from September 21 to September 24 -- due to an interaction between a cyclonic circulation and
The Centre expects rice production in the kharif season to drop by 4-5 million tonnes from last year.
IMD says fresh withdrawal dates will be updated soon; last week it said withdrawal might set in by Sep 7
The southwest monsoon is set to make its exit in style, bringing rains to the parched parts of Uttar Pradesh and Bihar, as weather forecasters have picked up signs of formation of a cyclonic circulation over Bay of Bengal. Addressing a press conference here, India Meteorological Department (IMD) Director General Mrutyunjay Mohapatra on Thursday junked last week's forecast of early withdrawal of southwest monsoon and announced the extended stay of the seasonal showers. "Even though we expected early withdrawal of the southwest monsoon, a cyclonic circulation over west-central and adjoining northwest Bay of Bengal will shift the monsoon trough southwards around September 7. This will increase rainfall activity over central and north peninsular India," Mohapatra said. "Hence, conditions are not favourable for early withdrawal of monsoon," he said, adding that the weather office will continue to monitor the situation. On August 25, the weather office had predicted an early withdrawal o
So far, the main deficit states are Uttar Pradesh (-42 per cent), Bihar (-36 per cent), Jharkhand (-48 per cent), and West Bengal (-24 per cent)
IMD's latest update says active monsoon conditions over central India and along the west coast could continue for five days starting. It sees a rise in rainfall over Northwest India on July 9-10
Aided by a low-pressure area over central India, the southwest monsoon has picked up pace, bringing bountiful showers to the region in time for the sowing of Kharif crops. The weather office on Tuesday said central India and the west coast would experience active monsoon conditions for the next five days while the north-western parts of the country are expected to receive seasonal showers from Wednesday. Under the influence of the low-pressure area over central parts of Madhya Pradesh, an associated cyclonic circulation and an off-shore trough from Gujarat to Maharashtra, fairly widespread rainfall has been forecast for the next five days in these regions as well as in Telangana, Kerala, coastal Karnataka and Odisha, said the India Meteorological Department. A good spell of rainfall over the past couple of days has helped reduce the cumulative deficit for the country to two per cent from eight per cent last Friday, the weather office data showed. Monsoon continues to remain deficie
Exporters could do better as domestic firms are hit by monsoon delay, inventories
Here is a breakdown of what each state can expect on the weather front from July 4, 2022 onwards on the basis of IMD report
According to the latest IMD data, after Thursday's rain, India has received 152.3 mm between June 1 and June 30
The southwest monsoon will reach Delhi around its usual date, June 27, and the rain deficit will be compensated for by June end, meteorologists said on Monday
The southwest monsoon advanced into most parts of Gangetic West Bengal, Jharkhand and Bihar on Sunday, the Met department said, forecasting heavy rain in the next two days