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Chana futures fall 0.81% on muted demand

Press Trust of India  |  New Delhi 

Chana prices declined by 0.81 per cent to Rs 4,355 per in futures trade Thursday after participants reduced their exposure amid subdued demand at

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

At the National Commodity and Derivatives Exchange, Chana for delivery in March was trading lower by Rs 35, or 0.81 per cent, to Rs 4,355 per with an open interest of 30,470 lots.

The April rates also fell by Rs 31, or 0.71 per cent, to Rs 4,390 per with an open interest of 14,010 lots.

Marketmen said trimming of bets by traders on the back of easing demand in physical market against adequate stocks position, 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: Thu, January 10 2019. 16:05 IST