Breaking News

You are here » Indian-Commodity  :  Commodities  :  Chana  :  Chana futures edge higher on diminishing inventories

28-Mar2019

Chana futures edge higher on diminishing inventories

Chana futures edged higher on NCDEX, due to diminishing stocks with the traders countered by lower imports and firmer demand. Though, anticipation of new season arrivals capped the upside.

The contract for April delivery was trading at Rs 4272.00, up by 0.07% or Rs 3.00 from its previous closing of Rs 4269.00. The open interest of the contract stood at 54300 lots.

The contract for May delivery was trading at Rs 4316.00, up by 0.02% or Rs 1.00 from its previous closing of Rs 4315.00. The open interest of the contract stood at 26990 lots on NCDEX.



Related News

View all news

Chana futures trade higher on lower imports

Chana futures traded higher on NCDEX as speculators widened their bets counting on lower availability amid lower imports and diminished supplies. Moreover, increased demand from spot domestic markets added......

Chana futures trade higher on diminishing stocks

Chana futures traded higher on NCDEX, owing to stringent supply from growing regions and diminishing stock levels countered by high consumption.The contract for May delivery was trading at Rs 4412.00,......

Chana futures trade lower on higher output

Chana futures traded lower on NCDEX, with the liquidation of bets on reports of higher crop production for 3rd consecutive year and news that NAFED may sell stocks in physical market. However, constant......

Top News

View all news

Tata Global Beverages reports 50% fall in Q4 consolidated net profit

Tata Global Beverages has reported results for fourth quarter and year ended March 31, 2019.The company has reported a marginal rise of 0.19% in its net profit at Rs 53.26 crore for the quarter under review......

NIIT Technologies features as leader in NelsonHall NEAT report 2019

NIIT Technologies has been positioned as a 'Leader' in the Overall market segment for RPA and AI in Banking in NelsonHall NEAT report 2019.This NelsonHall Vendor Evaluation & Assessment Tool (NEAT)......

Maruti Suzuki launches New Alto

Maruti Suzuki has launched the New Alto, which has been India's best-selling car for 15 consecutive years. The New Alto is with enhanced safety features and captivating design and now comes with BSVI compliant......