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12-Mar2019

Chana futures trade higher on supply crunch

Chana futures traded higher on NCDEX, due to firmer demand from domestic markets and lower supplies. Besides, lower imports countered by higher import duty.

The contract for March delivery was trading at Rs 4232.00, up by 1.39% or Rs 58.00 from its previous closing of Rs 4174.00. The open interest of the contract stood at 4790 lots.

The contract for April delivery was trading at Rs 4262.00, up by 0.76% or Rs 32.00 from its previous closing of Rs 4230.00. The open interest of the contract stood at 58500 lots on NCDEX.


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