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30-Jan2019

Jeera futures trade higher on NCDEX

Jeera futures traded higher on NCDEX, on accumulation of positions by market participants on the back of reduction in sowing area in Gujarat compared to last year. However, positive crop prospects due to favourable weather conditions, capped some gains.

The contract for March delivery was trading at Rs 16045.00, gain by 0.85% or Rs 135.00 from its previous closing of Rs 15910.00. The open interest of the contract stood at 2901 lots.

The contract for April delivery was trading at Rs. 15960.00, up by 0.95% or Rs 150.00 from its previous closing of Rs 15810.00. The open interest of the contract stood at 996 lots on NCDEX.


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