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Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine

IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy BALCO deploys AI humanoid agent for real-time training, operations and safety Om Power Transmission IPO subscribed 3.33 times on final day Broker’s call: Anand Rathi Wealth (Neutral) Broker’s call: Paytm (Outperform) Pakistan Stock Exchange plunges 5,000 points after US-Iran talks fail NSE gets MCA approval to launch National Coal Exchange of India Citius TransNet Investment Trust's ₹1,105-cr IPO to open on Apr 17 NSE gets MCA nod for coal exchange entity name Coal stock adequate for 90 days available: Union Coal Minister Kishan Reddy Rupee falls most in two weeks as oil spikes on US move to blockade Iran ports India auctions 46 critical mineral blocks, launches 7th round with 19 more: G Kishan Reddy Dalal Street midday: Sensex, Nifty down nearly 1%, Reliance, Eicher among top laggards, auto, oil Stocks weigh Iranian crude returns to India after seven years as tankers dock at key ports Sensex, Nifty pare early losses but stay in red at noon; Auto, Financials drag India's March palm oil imports fall 19% to three-month low Government bonds slump after US-Iran peace talks falter Failure of US-Iran talks set to weigh on risk assets Monday Zydus Wellness targets $500 million face wash market with tan removal launch Failure of US-Iran truce talks: Rupee opens 57 paise weaker RBI criticises banks’ rupee arbitrage trades Crude oil futures rise as US moves to blockade Iranian ports Gold falls on stronger dollar, fading Fed rate-cut hopes Crude oil jumps 7% to above $100 on US’ maritime blockade on Iran Japan’s benchmark bond yield jumps to 29-year high as US-Iran talks collapse How govt policy initiatives to impact shares of EV makers, oil exporters Stock Market Highlights: Sensex ends at 76,776; Nifty 50 down 226 pts (0.94%) at 23,823 Draft CAFE-3 Norms: Govt eases penalties, focuses on carbon credit trading for auto sector Brokers’ ISF explores unified documentation framework to ease compliance burden K-shaped trend emerges in jewellery as premium demand stays resilient Retail investors give recent IPOs a miss due to lack of bumper listing gains Inconclusive US-Iran talks, oil prices, inflation data to dictate investors' sentiment: Analysts FPIs extend sell-off in April; pull out ₹48,213 crore in 10 days After hitting rock bottom, Indian stock market is on its way to a speedy recovery, says Vallum Capital Gold vs equities: Does the yellow metal hold edge despite softening shine? The new gold rush: Why investors are moving from jewellery to digital FIIs pull ₹28,375 crore in five sessions; domestic buyers cushion fall as indices post best week in months 5paisa Capital's ₹469 crore rights issue oversubscribed 1.24 times Shriram Finance’s credit rating climbs after MUFG investment SEBI chief reaffirms open-door policy for global capital SEBI launches three new IT platforms to transform regulatory landscape India allows Iranian oil tankers to berth at Sikka port under special exemption US expected to extend waiver for Russian oil imports amid global energy price concerns Sharp fall in prices hit gold ETF inflows in March India to continue buying Russian crude oil Sun Pharma shares down 4 per cent on reports of overtures for US-based Organon Greenlight open market buybacks, but stay cautious TCS shares down 3.2% despite Q4 profit growth and deal wins SEBI uncovers ₹2,950-crore Ponzi-like network, fines Trdez ₹1 crore SIP inflows hit record high in March despite market turbulence Broker’s call: JM Financial (Buy) Inflow in equity MFs surges 56% to ₹40,450 crore in Mar amid geopolitical tensions, mkt volatility Markets snap six-week losing streak; all eyes on US-Iran talks Corporate governance must empower people, says Arundhati Bhattacharya BSE shares hit 52-week high, what is driving the surge? 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Unseasonal rain, hailstorms, may drag Indian wheat output by over 5%
2026-04-09 · via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine
The government targets to buy 303.36 lakh tonnes (lt) of wheat for the Central Pool stock by June 30

The government targets to buy 303.36 lakh tonnes (lt) of wheat for the Central Pool stock by June 30 | Photo Credit: PTI

Unseasonal rain and hailstorms in March and April have impacted wheat crops across 111 districts in nine States, leading to an estimated 5-10 per cent drop in overall production. Agriwatch, in a report for the Roller Flour Millers Federation of India, also warned that up to 30 per cent of the harvest in affected areas suffers from quality degradation, including shrivelled grains and luster loss.

The government has estimated India’s wheat production this year at a record 120.21 million tonnes.

In a report submitted to the industry body, Agriwatch has informed that a total of 111 districts got affected with damages ranging between as low as 3 per cent and as high as 25 per cent due to rains and recent hailstorms, sources said.

Badly hit by hailstorm

In Uttar Pradesh, Punjab, Haryana and Bihar harvesting has been completed in 10-15 per cent of the area. It said that where the crop was in maturity to harvest stages, 25-30 per cent area have reported damages in the affected districts.

Maximum damage – 15-25 per cent — was reported from Punjab’s Amritsar, Hoshiarpur, Rupnagar (earlier Ropar) districts, Haryana’s Rewari, UP’s Hamirpur, Bihar’s Begusarai and West Bengal’s Dakshin Dinajpur. Similarly, three districts of Punjab and one each in UP and Bihar may have 10-15 per cent loss in production, sources said quoting from the report.

But, a maximum of 51 districts in 8 States may have 3-5 per cent crop loss, particularly in areas where there were unseasonal rains and hailstorms. Though the report says in Bikaner wheat output may have 3-5 per cent losses, but it was the most badly affected district in terms of damage due to hailstorms on April 2.

Buy target

The government targets to buy 303.36 lakh tonnes (lt) of wheat for the Central Pool stock by June 30. Central teams have already been sent to Rajasthan and Haryana to assess crop damage after the state governments’ requested for relaxation in quality norms for the procurement.

On wheat crop outlook, Food Secretary Sanjeev Chopra, earlier this week, said that it was looking good. But, there were requests from Haryana and Rajasthan for relaxation of the FAQ (Fair Average Quality) norms after the unseasonal rains hit the crop. “We have sent our teams to these states to find out the ground-level position, and if required, we’ll give them the relaxation very soon so that the farmers do not suffer any problem in selling the produce,” he had said.

Agriwatch had last month submitted a preliminary report to the flour millers’ body where it mentioned about farmers in many of the affected districts suffered lodging and damage to matured crops from hailstorm, affecting quality, potentially luster loss in the grain.

Published on April 9, 2026