 "Chana up 0.4% on rising demand")
Maintaining wining streak for the fourth straight session, chana prices added 0.42% to Rs 3,072 per quintal in futures trade today as speculators enlarged their positions, driven by rising demand in the spot market in view of festive season.
At the National Commodity and Derivatives Exchange, chana for delivery in November added Rs 13, or 0.42%, to Rs 3,072 per quintal with an open interest of 99,180 lots.
Similarly, the commodity for delivery in December traded higher by Rs 12, or 0.38%, to Rs 3,132 per quintal in 54,050 lots.
Market analysts said speculators enlarged their positions, driven by rising demand in the spot market in view of festive season mainly kept chana prices firm for the fourth day at futures trade.
At the National Commodity and Derivatives Exchange, chana for delivery in November added Rs 13, or 0.42%, to Rs 3,072 per quintal with an open interest of 99,180 lots.
Similarly, the commodity for delivery in December traded higher by Rs 12, or 0.38%, to Rs 3,132 per quintal in 54,050 lots.
Market analysts said speculators enlarged their positions, driven by rising demand in the spot market in view of festive season mainly kept chana prices firm for the fourth day at futures trade.
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