Chana rises 0.86% on high-buying activity

Reports of crop damage in MP, Rajasthan supported the trade

Chana futures for January rose by Rs 35, or 0.86%, to Rs 4,099 per quintal in 38,540 lots.

At the National Commodity and Derivatives Exchange, the April contract rose by Rs 23, or 0.64%, to Rs 3,593 per quintal in 56,000 lots.

Speculators increasing their holdings, restricted arrivals influenced chana prices.

Reports of crop damage in Rajasthan and Madhya Pradesh due to cold wave also influenced the trading sentiment.