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Chana futures slide 1.23% on profit-booking

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Press Trust of India New Delhi
Last Updated : Jun 28 2018 | 1:20 PM IST

Chana prices moved down by 1.23 per cent to Rs 3,441 per quintal in futures trade today as participants booked profits at prevailing levels amid easing demand at the spot markets.

At the National Commodity and Derivatives Exchange, chana for delivery in July fell by Rs 43, or 1.23 per cent, to Rs 3,441 per quintal with an open interest of 82,730 lots.

Similarly, the commodity for delivery in August declined by Rs 41, or 1.16 per cent, to Rs 3,481 per quintal in 63,240 lots.

Analysts said, besides profit-booking by participants at the existing level, decline in demand in the physical markets against sufficient stocks position led to the fall in chana futures.

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First Published: Jun 28 2018 | 1:20 PM IST

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