Jeera declines 1.29% on profit-booking

Hopes of rising export demand capped the loss

Jeera March futures declined by Rs 190 or 1.29% to Rs 14,500 per quintal in 13,179 lots.

At the National Commodity and Derivatives Exchange, the April contract lost Rs 162.50, or 1.10%, to Rs 14,555 per quintal in 4,011 lots.

Profit-booking by speculators affected the jeera futures.

Hopes of rise in export demand restricted the loss, marketmen said.