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15-Apr2019

Jeera futures trades higher on fresh buying

Jeera futures were trading higher on NCDEX as speculators indulged in fresh buying tracking pickup in demand for good quality new crop. However, higher availability of Jeera in the physical market capped upside.

The contract for April delivery was trading at Rs 16460, up by 0.37% or Rs 60 from its previous closing of Rs 16400. The open interest of the contract stood at 309 lots.

The contract for May delivery was trading at Rs 16545, up by 0.39% or Rs 65 from its previous closing of Rs 16480. The open interest of the contract stood at 7077 lots on NCDEX.


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