Chana futures climb 1.03% on rising demand
Chana prices added 1.03 per cent to Rs 3,125 per quintal in futures market as speculators enlarged their holdings on rising demand in the spot market.
By PTI | Updated:
NEW DELHI: Chana prices added 1.03 per cent to Rs 3,125 per quintal in futures market today as speculators enlarged their holdings on rising demand in the spot market.
At the National Commodity and Derivatives Exchange, chana for delivery in December shot up by Rs 32, or 1.03 per cent, to Rs 3,125 per quintal with an open interest of 50,010 lots.
Similarly, the commodity for delivery in November moved up by Rs 31, or 1.02 per cent, to Rs 3,068 per quintal in 1,04,970 lots.
Market analysts said speculators enlarged their positions on the back of rising demand in the spot market supported by festive season mainly pushed up chana prices at futures trade.
At the National Commodity and Derivatives Exchange, chana for delivery in December shot up by Rs 32, or 1.03 per cent, to Rs 3,125 per quintal with an open interest of 50,010 lots.
Similarly, the commodity for delivery in November moved up by Rs 31, or 1.02 per cent, to Rs 3,068 per quintal in 1,04,970 lots.
Market analysts said speculators enlarged their positions on the back of rising demand in the spot market supported by festive season mainly pushed up chana prices at futures trade.
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