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Indian commodities market set to touch USD one trillion mark amid oddities

Posted on 29 December 2008

From Economic Times: The commodity futures market is set to end 2008 with a record turnover of $ 1 trillion (Rs 50,00,000 crore) an impressive 40 per cent surge despite draggers like political opposition, high inflation levels and ban on trading in a number of commodities.

Enthused by the continuing boom in this market, which experts believe is still in its nascent stage, the year saw many new players entering the fray, including the corporate giants Anil Ambani and Kotak groups, emerging conglomerate Indiabulls and also the public sector entity MMTC….. Full Article: Source


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