Forward Market Commission(FMC) Chairman B C Khatua on Wednesday said, in the face of current inflation crisis, the commodities market confidence has dipped. Fluctuations in certain key commodities like crude, steel and coal have effected the market.
Briefing reporters, he, however, averred that in spite of this, there has been a healthy growth in the markets mainly due to gold, silver and crude oil.
The market has witnessed trade worth Rs 18,81,364 crore for the period April 1 to August 15 as compared to Rs 13,25,353 crore for the same period of the previous fiscal, which amounts to a YOY growth of 42 per cent.
