Chana futures prices today gained 0.51% to Rs 4,530 per quintal as speculators created fresh positions due to the rain deficit in key producing regions.
At the National Commodity Derivatives Exchange, chana for delivery in August rose by Rs 23, or 0.51%, to Rs 4,530 per quintal, with an open interest of 64,880 lots.
September chana rose by Rs 22, or 0.48%, to Rs 4,635 per quintal in 58,990 lots.
Analysts said fresh positions created by speculators following delayed sowing due to lower rainfall in key growing areas and rising spot demand, influenced chana prices at futures trade.
