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Chana futures fall 0.46 per cent on muted demand

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Press Trust of India New Delhi
Last Updated : Feb 15 2019 | 12:55 PM IST

Chana prices declined 0.46 per cent to Rs 4,309 per quintal in futures trade Friday after participants reduced their exposure amid subdued demand at spot market.

Profit-booking at higher levels also weighed on the sentiment.

At the National Commodity and Derivatives Exchange, chana for delivery in April was trading lower by Rs 20, or 0.46 per cent, at Rs 4,309 per quintal with an open interest of 27,030 lots.

The May rates also fell by Rs 14, or 0.32 per cent, to Rs 4,365 per quintal with an open interest of 3,480 lots.

Marketmen said trimming of bets by traders due to easing demand in physical market against adequate stocks, mainly led to the fall in chana prices at futures trade here.

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First Published: Feb 15 2019 | 12:55 PM IST

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