Chana futures traded lower on NCDEX on large local supplies amid lower-than-expected demand. However, expectations of a pick-up in demand ahead of festivals, capped some losses in chana prices to some extent.
The contract for September delivery was trading at Rs 2896.00, down by 1.33% or Rs 39.00 from its previous closing of Rs 2935.00. The open interest of the contract stood at 140410 lots.
The contract for October delivery was trading at Rs 2980.00, down by 1.06% or Rs 32.00 from its previous closing of Rs 3012.00. The open interest of the contract stood at 73060 lots on NCDEX.