 "Chana up by 0.5% on spot demand")
Chana prices moved up by 0.54% to Rs 3,159 per quintal in futures trade today as speculators created fresh positions supported by a rise in demand in the spot market.
At the National Commodity and Derivative Exchange, chana for delivery in December rose by Rs 17, or 0.54%, to Rs 3,159 per quintal with an open interest of 80,110 lots.
Likewise, the commodity for delivery in November traded higher by Rs 11, or 0.36%, to Rs 3,071 per quintal in 51,140 lots.
Analysts said fresh positions built-up by speculators on pick up in demand in the spot market helped chana prices to trade higher at futures trade.
At the National Commodity and Derivative Exchange, chana for delivery in December rose by Rs 17, or 0.54%, to Rs 3,159 per quintal with an open interest of 80,110 lots.
Likewise, the commodity for delivery in November traded higher by Rs 11, or 0.36%, to Rs 3,071 per quintal in 51,140 lots.
Analysts said fresh positions built-up by speculators on pick up in demand in the spot market helped chana prices to trade higher at futures trade.
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