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Gur futures tumble on profit-booking

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 2:54 AM IST

Gur prices plunged Rs 12.60 to Rs 815 per 40 kg in futures trading today, as traders booked profits at higher levels guided by weak physical markets sentiment.

Marketmen said, profit taking by traders at prevailing higher levels, mainly led to a fall in gur futures prices. Sluggish demand and increased supply in physical markets also influenced the trading sentiment to some extent, they added.

At the National Commodity and Derivatives Exchange, the gur prices for far-month December tumbled by 12.60, or 1.52 per cent to Rs 815 per 40 kg.

July-month contract delivery too went down by Rs 10.60 or 1.08 per cent to Rs 968 per 40 kg, with an open interest of 18,780 lot.

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First Published: May 17 2010 | 5:15 PM IST

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