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Chana futures fall 0.56% on muted demand

Press Trust of India  |  New Delhi 

Chana prices fell 0.56 per cent to Rs 4,282 per in futures trade Monday after participants reduced their exposure amid subdued demand at the

Profit-booking at higher levels also weighed on the sentiment.

At the National Commodity and Derivatives Exchange, chana for delivery in April was trading lower by Rs 24, or 0.56 per cent, to Rs 4,282 per with an open interest of 30,470 lots.

The delivery for far-month May also fell by Rs 30, or 0.69 per cent, to Rs 4,325 per with an open interest of 14,010 lots.

Marketmen said trimming of bets by traders due to easing demand in physical market against adequate stocks, mainly led to fall in chana prices.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 11 2019. 15:40 IST