Chana futures rises 1.71% on pick-up in demand

Image
Press Trust of India New Delhi
Last Updated : Jun 16 2016 | 3:22 PM IST
Chana prices were up by 1.71 per cent to Rs 7,010 per quintal in futures trade today as participants created fresh positions on pick-up in demand at the spot market.
At the National Commodity and Derivatives Exchange, chana for delivery in August rose by Rs 118 or 1.71 per cent to Rs 7,010 per quintal, with an open interest of 13,170 lots.
On similar lines, the commodity for delivery in June edged up by Rs 112 or 1.63 per cent to Rs 6,975 per quintal in 200 lots.
Analysts said fresh positions built up by traders on the back of pick up in demand in the spot market led to the rise in chana prices at futures trade.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 16 2016 | 3:22 PM IST

Next Story