Chana futures gain 1.34 pc on rising demand
By PTI | Published: 13th October 2017 12:27 PM |
New Delhi, Oct 13 (PTI) Chana prices shot up by 1.34 per cent to Rs 5,290 per quintal in futures trade today as traders widened bets on the back of rising demand in the spot market.
At the National Commodity and Derivatives Exchange, chana for delivery in October jumped up by Rs 70, or 1.34 per cent, to Rs 5,290 per quintal with an open interest of 2,630 lots.
Analysts said widening of positions by participants following pick-up in demand in the physical market against restricted arrivals from producing regions, mainly attributed the rise in chana prices at futures trade. PTI KPS SUN SBT .
This is unedited, unformatted feed from the Press Trust of India wire.