4026.6000 -43.70 (-1.07%)
NSE May 27, 2025 15:31 PM
Volume: 13,270
 

4026.60
-1.07%
ICICI Securities Limited
Skymet, a private weather forecasting agency, expects the upcoming monsoon 2018 to be normal at 100% of LPA with a +/- 5% model error. On a month wise distribution, they expect June to be 111% of LPA, July at 97% of LPA, August at 96% of LPA and September at 101% of LPA. The most encouraging part of the prediction was the 80% probability of a normal to above normal monsoon and no chance of a drought like scenario. This is likely to result in robust farm production and consequent increase in farm income, boosting rural demand, thereby benefiting all...
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