Chana futures rose by Rs 37 to Rs 3,014 per quintal today, as speculators enlarged their positions, driven by a strong demand in the spot market for the ongoing festive season.
At the National Commodity and Derivatives Exchange, October chana rose by Rs 37, or 1.24%, to Rs 3,014 per quintal, with an open interest of 34,480 lots.
The November contract gained Rs 35, or 1.13%, to Rs 3,130 per quintal, with a business volume of 1,37,330 lots.
Traders said speculators increasing their positions on the back of strong demand in the spot market supported by festive season, mainly led to rise in chana prices at futures trade.