Chana rises 0.6% on strong buying activity
Restricted arrivals in physical market supported the trade
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Chana futures for April rose by Rs 21, or 0.62%, to Rs 3,412 per quintal in 32,240 lots.
At the National Commodity and Derivatives Exchange (NCDEX), the May contract gained Rs 18, or 0.52%, to Rs 3,458 per quintal in 80,410 lots.
Prices rose as traders enlarged their holdings on account of firm spot markets demand.
Restricted arrivals in physical market due to lower estimated output also influenced the chana prices.
At the National Commodity and Derivatives Exchange (NCDEX), the May contract gained Rs 18, or 0.52%, to Rs 3,458 per quintal in 80,410 lots.
Prices rose as traders enlarged their holdings on account of firm spot markets demand.
Restricted arrivals in physical market due to lower estimated output also influenced the chana prices.
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First Published: Apr 02 2013 | 2:22 PM IST