Chana futures prices shot up by Rs 65 to Rs 3,650 per quintal today as speculators enlarged their positions, tracking a firming trend in spot market in view of marriage season.
However, increased arrivals from producing region restricted the gain.
At the National Commodity Derivatives Exchange, chana for delivery in April shot up by Rs 65, or 1.81%, to Rs 3,650 per quintal, with an open interest of 98,570 lots.
The March contract moved up by Rs 52, or 1.45%, to Rs 3,635 per quintal in 96,610 lots.
Analysts said increased buying by speculators on the back of a firming trend at spot market on good spot market demand in view of marriage season mainly pushed up chana prices at futures market.
