 "Chana down 1.6% on profit booking")
Amid profit-booking by speculators at prevailing higher levels, chana prices drifted lower by 1.60% to Rs 8,670 per quintal in futures market today.
At the National Commodity and Derivatives Exchange, chana for delivery in July month dropped by Rs 141, or 1.60% to Rs 8,670 per quintal with an open interest of 1,410 lots.
Market analysts said besides profit-booking by participants at existing levels, fall in demand at spot market at prevailing levels along with government measures to curb rising prices mainly influenced chana prices at futures trade.
At the National Commodity and Derivatives Exchange, chana for delivery in July month dropped by Rs 141, or 1.60% to Rs 8,670 per quintal with an open interest of 1,410 lots.
Market analysts said besides profit-booking by participants at existing levels, fall in demand at spot market at prevailing levels along with government measures to curb rising prices mainly influenced chana prices at futures trade.