 "Chana up 0.6% as demand picks up")
Chana rose 0.63% to Rs 2,870 per quintal in futures trade today as speculators created fresh positions amid pick-up in demand in the spot market.
At the National Commodity and Derivatives Exchange, chana for delivery in September gained Rs 18, or 0.63% to Rs 2,870 per quintal with an open interest of 1,35,010 lots.
Similarly, the commodity for delivery in August edged up by Rs 16, or 0.58% to Rs 2,791 per quintal in 67,620 lots.
Analysts said fresh positions built-up by speculators after demand picked up in the spot market, mainly led to the rise in chana prices at futures trade.
At the National Commodity and Derivatives Exchange, chana for delivery in September gained Rs 18, or 0.63% to Rs 2,870 per quintal with an open interest of 1,35,010 lots.
Similarly, the commodity for delivery in August edged up by Rs 16, or 0.58% to Rs 2,791 per quintal in 67,620 lots.
Analysts said fresh positions built-up by speculators after demand picked up in the spot market, mainly led to the rise in chana prices at futures trade.