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27-Mar2019

Jeera futures trade higher on lower acreage

Jeera futures traded higher on NCDEX on account of a decline in jeera crop in Gujarat due to lower acreage. Though, lower export demand in the physical market, capped the upward momentum.

The contract for April delivery was trading at Rs 15660.00, up by 0.64% or Rs 100.00 from its previous closing of Rs 15560.00. The open interest of the contract stood at 3234 lots.

The contract for May delivery was trading at Rs 15645.00, gain by 0.32% or Rs 50.00 from its previous closing of Rs 15595.00. The open interest of the contract stood at 2511 lots on NCDEX.


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