Chana futures trade lower on higher output hopes
At the National Commodity and Derivatives Exchange, chana for delivery in January traded lower by Rs 28, or 0.72 per cent to Rs 3850.
By PTI | Updated:
NEW DELHI: Chana prices traded lower by Rs 28 to Rs 3850 per quintal in futures market today as speculators offloaded their positions on expectations of higher output.
At the National Commodity and Derivatives Exchange, chana for delivery in January traded lower by Rs 28, or 0.72 per cent to Rs 3850 with an open interest of 63350 lots.
Similarly, the commodity for delivery in February lost Rs 19, or 0.53 per cent to Rs 3553 per quintal in 44,160 lots.
Market analysts attributed the fall in chana futures to expectations of a higher output this year, triggering off-loading of positions by speculators.
At the National Commodity and Derivatives Exchange, chana for delivery in January traded lower by Rs 28, or 0.72 per cent to Rs 3850 with an open interest of 63350 lots.
Similarly, the commodity for delivery in February lost Rs 19, or 0.53 per cent to Rs 3553 per quintal in 44,160 lots.
Market analysts attributed the fall in chana futures to expectations of a higher output this year, triggering off-loading of positions by speculators.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
Silver slides Rs 2,577 to Rs 2.38 lakh/kg in futures trade2026-04-24T08:41:01Z- S&P 500, NASDAQ, and Dow Jones futures trade near flat line as US stock futures see little change after Wall Street makes a positive start to the holiday-shortened trading week2025-12-23T03:30:36Z
- S&P 500, Dow Jones and NASDAQ futures see a slight fall as US stock futures trade near flatline, Wall Street ends day on mixed note; check key indexes and what lies ahead2025-12-16T03:19:57Z
ADVERTISEMENT
