Exporters boxed in by container crunch as rates rise to $7,000-10,000 in fortnight A severe container shortage – triggered by massive congestions at Chinese ports that are either closed or operating at much lower capacity due to Covid-19 restrictions, along with a huge demand for containers in the US and Europe – has been pushing container rates, which shot up to record levels in the past 10-15 days, industry executives told ET.
Santosh Kanoria family acquires Jungpana, Goomtee tea estates Anshuman Kanoria, a member of the Santosh Kanoria family, said "we have bought the two premium tea gardens of Darjeeling, Jungpana and Goomtee. Jungpana is the most premium tea of Darjeeling and fetches a very high average price realisation".
Trade Setup for Thursday: Top 15 things to know before Opening Bell Key support level for the Nifty is placed at 9,808.77, followed by 9,736.38. If the index moves up, the key resistance levels to watch out for are 9,978.57 and 10,075.98.
Trade Setup for Friday: Top 15 things to know before Opening Bell Key support level for Nifty is placed at 8,105.4, followed by 7,957. If the index starts moving up, key resistance levels to watch out for are 8,495.15 and 8,736.5.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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