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14-Feb2019

Jeera futures trade higher on NCDEX

Jeera futures traded higher on NCDEX, on short covering after prices dropped on account of reports of progress in harvesting activities in the main producing regions of Gujarat and Rajasthan. Though, slowing export demand in the physical market capped the upside momentum.

The contract for March delivery was trading at Rs 15660.00, up by 0.77% or Rs 120.00 from its previous closing of Rs 15540.00. The open interest of the contract stood at 2379 lots.

The contract for April delivery was trading at Rs. 15400.00, gain by 0.36% or Rs 55.00 from its previous closing of Rs 15345.00. The open interest of the contract stood at 1917 lots on NCDEX.


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