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24-Oct2016

Jeera futures trade higher on rising demand

Jeera futures traded higher on NCDEX on rising domestic as well as exports demand at the spot market. Though, expectation of better crop next year from the producing belts capped some gains.

The contract for November delivery was trading at Rs 17150.00, up by 1.48% or Rs 250.00 from its previous closing of Rs 16900.00.The open interest of the contract stood at 9450 lots.

The contract for December delivery was trading at Rs 17420.00, up by 1.46% or Rs 250.00 from its previous closing of Rs 17170.00. The open interest of the contract stood at 4800 lots on NCDEX.


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