Dear Puri
Thank you for your reply...I have solved the issue...in the material master I missed to notice the production storage location...by mistake it was the same SLOC 0001 which was used when creating the material...if the prod sloc and the material sloc are same then sap MF60 txn will not pull the material which is quite natural..staging is only when the RM Sloc and the Prod. SLoc are different...
With Regards
Venkat