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05-Mar2019

Chana futures trade tad lower on rise in stocks

Chana futures traded marginally lower on NCDEX, as participants indulged in trimming holdings in tune with new season arrivals and higher carryover stocks with the government agencies. Moreover, sluggish spot demand also fuelled downtrend.

The contract for March delivery was trading at Rs 4101.00, down by 0.15% or Rs 6.00 from its previous closing of Rs 4107.00. The open interest of the contract stood at 28610 lots.

The contract for April delivery was trading at Rs 4145.00, down by 0.02% or Rs 1.00 from its previous closing of Rs 4146.00. The open interest of the contract stood at 38650 lots on NCDEX.


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