Don’t miss the latest developments in business and finance.

Guarseed futures gain on low level buying

Image
Press Trust of India New Delhi
Last Updated : Dec 26 2013 | 3:56 PM IST
Guarseed prices improved by Rs 135 to Rs 4,745 per quintal in futures trading today following speculative buying in line with firm physical markets trend.
Marketmen said buying at prevailing lower levels against restricted supplies and a firming trend in spot markets mainly pushed up the prices.
At the National Commodity and Derivatives Exchange, guarseed for far April contract surged by Rs 135, or 2.93 per cent, to Rs 4,745 per quintal in an open interest of 14 lots.
January contract rose by Rs 110, or 2.48 per cent, at Rs 4,545 per quintal in an open interest of 12,499 lots.

More From This Section

First Published: Dec 26 2013 | 3:56 PM IST

Next Story