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20-Mar2019

Jeera futures trade higher on improving demand

Jeera futures traded higher on NCDEX, due to increased buying on improving demand from the bulk buyers. Though, expectation of improved crop prospects in the coming days, trimmed the upside momentum.

The contract for April delivery was trading at Rs 15575.00, up by 0.29% or Rs 45.00 from its previous closing of Rs 15530.00. The open interest of the contract stood at 4023 lots.

The contract for May delivery was trading at Rs 15655.00, gain by 0.32% or Rs 50.00 from its previous closing of Rs 15605.00. The open interest of the contract stood at 1656 lots on NCDEX.


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