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Chana futures lose Rs 27 on profit-booking

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 12:40 AM IST

Chana prices lost Rs 27 to Rs 3,275 per quintal in futures trade today on continued profit-booking by speculators amid subdued demand in the spot market and adequate stocks availability.

At the National Commodity and Derivatives Exchange, November chana fell by Rs 27, or 0.82%, to Rs 3,275 per quintal, with an open interest for 137,530 lots.

The October contract shed Rs 26, or 0.82%, to Rs 3,130 per quintal in 134,850 lots.

Traders said continued profit-booking by speculators amid sluggish demand in the spot market mainly led to the decline in chana prices in futures trade.

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First Published: Oct 05 2011 | 11:52 AM IST

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