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Gur futures gains on higher spot markets cue

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 3:38 AM IST

Gur prices rose by Rs 2.40, or 0.30 per cent, to Rs 798.20 per 40 kg in futures trade today on the back of increased buying by traders.

Marketmen said, restricted supply and pick up in demand at spot markets, influenced the trading sentiment in futures prices of gur.

At the National Commodity and Derivatives Exchange, gur prices for November-month contract delivery improved by Rs 2.40, or 0.30 per cent, to Rs 798.20 per 40 kg, with an open interest of 3,450 lots.

Current July-month contract also followed suit and moved up by same margins of Rs 2.40, or 0.25 per cent, to Rs 981.40 per 40 kg, with an open interest of 5,630 lots.

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First Published: Jul 14 2010 | 4:05 PM IST

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