Monday 9 March 2015

NCDEX CHANA RISEN BY 0.4% ON SPOT MARKET DEMAND

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Chana futures gained 0.41% to Rs 3,695 per quintal today as speculators indulged in creating fresh positions amid improved spot market demand.
Besides, tight stocks position in the physical market on restricted supplies from producing belts supported the upside. Chana trading range for the day is 3642-3706.
At the NCDEX chana for delivery in April rose by Rs 15, or 0.41%, to Rs 3,695 per quintal with an open interest of 1,79,450 lots.
Similarly, the commodity for delivery in May was up by Rs 12, or 0.33%, to Rs 3,700 per quintal in 1,02,170 lots.
In Delhi spot market, chana remains unchanged at by 0 rupee to end at 3576.35
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