 "Chana rises 0.5% on firm demand")
Chana prices rose by Rs 18 to Rs 3,418 per quintal in futures market today as speculators enlarged their positions, driven by pick up in demand in the spot market.
However, rising supplies from the new crop in the physical market restricted the gains.
At the National Commodity and Derivatives Exchange (NCDEX), the June contract rose by Rs 18, or 0.53% to Rs 3,418 per quintal in 1,37,220 lots.
Market analysts attributed gains in chana futures to rising demand in the spot market.
However, rising supplies from the new crop in the physical market restricted the gains.
At the National Commodity and Derivatives Exchange (NCDEX), the June contract rose by Rs 18, or 0.53% to Rs 3,418 per quintal in 1,37,220 lots.
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The July contract gained Rs 17, or 0.48% to Rs 3,494 per quintal in 85,740 lots.
Market analysts attributed gains in chana futures to rising demand in the spot market.