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23-Apr2019

Jeera futures trade higher on rise in demand

Jeera futures traded higher on NCDEX as market participants enlarged their holdings on account of rise in the export demand. Further, possibility of lower production in major producing regions, added upside.

The contract for May delivery was trading at Rs 16975.00, up by 0.41% or Rs 70.00 from its previous closing of Rs 16905.00. The open interest of the contract stood at 6723 lots.

The contract for June delivery was trading at Rs 17100.00, gain by 0.56% or Rs 95.00 from its previous closing of Rs 17005.00. The open interest of the contract stood at 1215 lots on NCDEX.


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