Chana futures down by 0.39% on ample stock

Chana futures were down by 0.39 per cent to Rs 5,562 per quintal as participants trimmed their positions on increased supplies following the government measures to check rising prices.
At the National Commodity and Derivatives Exchange, chana for delivery in far-month June declined by Rs 22, or 0.39 per cent to Rs 5,562 per quintal with an open interest of 18,120 lots.
On similar lines, the commodity for delivery in May contracts moved down by Rs 14, or 0.25 per cent to Rs 5,489 per quintal in 1,950 lots.
Analysts attributed the weakness in chana futures to sufficient stocks in the physical market on increased supplies from producing regions after the government announced measures to check rising prices.