Guarseed futures gain on fresh buying
Guarseed prices advanced by Rs 25 to Rs 4,645 per quintal in futures trading today following low level buying by traders.
By PTI | Updated:
NEW DELHI: Guarseed prices advanced by Rs 25 to Rs 4,645 per quintal in futures trading today following low level buying by traders.
Marketmen said fresh buying by traders at lower levels mainly led the rise in prices.
Pick up in demand in physical markets also boosted the trading sentiments, they added.
At the National Commodity and Derivatives Exchange, guarseed prices for December contract moved up by Rs 25, or 0.54 per cent, to Rs 4,645 per quintal, clocking an open interest of 2,189 lots.
Most active near January contract gained Rs 20, or 0.43 per cent, at Rs 4,715 per quintal, with an open interest of 14,932 lots.
Marketmen said fresh buying by traders at lower levels mainly led the rise in prices.
Pick up in demand in physical markets also boosted the trading sentiments, they added.
At the National Commodity and Derivatives Exchange, guarseed prices for December contract moved up by Rs 25, or 0.54 per cent, to Rs 4,645 per quintal, clocking an open interest of 2,189 lots.
Most active near January contract gained Rs 20, or 0.43 per cent, at Rs 4,715 per quintal, with an open interest of 14,932 lots.
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
ADVERTISEMENT
