 "Chana down 0.5% on profit-booking")
Chana prices fell by 0.50% to Rs 4,668 per quintal in futures trade today on profit-booking by speculators, triggered by higher arrivals and weak trend at spot markets.
At the National Commodity and Derivative Exchange, chana for June delivery declined by Rs 24, or 0.50%, to Rs 4,668 per quintal with an open interest for 1,19,540 lots.
On similar lines, chana for July delivery was down by Rs 23, or 0.48%, to Rs 4,764 per quintal with an open interest for 62,970 lots.
Traders said besides profit-booking by speculators, subdued demand in the spot markets at existing higher levels, mainly led to the fall in chana prices at futures trade.
At the National Commodity and Derivative Exchange, chana for June delivery declined by Rs 24, or 0.50%, to Rs 4,668 per quintal with an open interest for 1,19,540 lots.
On similar lines, chana for July delivery was down by Rs 23, or 0.48%, to Rs 4,764 per quintal with an open interest for 62,970 lots.
Traders said besides profit-booking by speculators, subdued demand in the spot markets at existing higher levels, mainly led to the fall in chana prices at futures trade.
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