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Maize futures ease on profit-booking

Press Trust of India  |  New Delhi 

Profit-booking by investors at existing levels amid downbeat physical market leads dragged the prices lower by Rs 9 to Rs 1,201 per at the futures trade today.

Market players attributed the slide in futures to profit booking by operators at higher levels in weak physical markets sentiment.

At the National Commodity and Derivatives Exchange, delivery for July turned weak by Rs 9, or 0.74 per cent, to Rs 1,201 per quintal, with an open interest of 6,930 lots.

Also, the delivery for August fell by Rs 6, or 0.48 per cent, to Rs 1,240 per with an open interest of 9,320 lots.

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

First Published: Tue, July 10 2018. 12:00 IST