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22-Nov2018

Jeera futures trade lower on profit booking

Jeera futures traded lower on NCDEX, due to profit booking by market participants at prevailing higher levels. Moreover, increased acreage and reports of subdued demand from overseas market also weighed on prices.

The contract for December delivery was trading at Rs 19390.00, down by 0.36% or Rs 70.00 from its previous closing of Rs 19460.00. The open interest of the contract stood at 4818 lots.

The contract for January delivery was trading at Rs 19560.00, down by 0.51% or Rs 100.00 from its previous closing of Rs 19660.00. The open interest of the contract stood at 927 lots on NCDEX.


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