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31-Aug2018

Jeera futures trade lower on profit taking

Jeera futures traded lower on NCDEX, owing to profit taking after prices hit higher levels in line with firm physical domestic and exports demands from China and Bangladesh. Moreover, improved rains in the central Gujarat, the major Jeera producing area also added to the down side.

The contract for September delivery was trading at Rs 19210.00, down by 0.67 % or Rs 130.00 from its previous closing of Rs 19340.00. The open interest of the contract stood at 5433 lots.

The contract for October delivery was trading at Rs 19505.00, down by 0.69 % or Rs 135.00 from its previous closing of Rs 19640.00. The open interest of the contract stood at 3318 lots on NCDEX.


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