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Chana down 0.76% on profit-booking

Hopes of higher putput also put pressure on the trade

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Press Trust of India New Delhi

Chana futures for April fell by Rs 27, or 0.76%, to Rs 3,505 per quintal in 65,790 lots.

At the National Commodity and Derivative Exchange, the January contract declined Rs 9, or 0.22%, to Rs 4,077 per quintal in 32,600 lots.

Profit-bookings, weak spot market trend and subdued demand affected the trade.

Expectations of higher production also put pressure on chana futures.

 

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First Published: Jan 11 2013 | 2:30 PM IST

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