Business Standard

Gur futures gains on higher spot markets cue

Image

Press Trust of India New Delhi

Gur prices rose by Rs 2.40, or 0.30 per cent, to Rs 798.20 per 40 kg in futures trade today on the back of increased buying by traders.

Marketmen said, restricted supply and pick up in demand at spot markets, influenced the trading sentiment in futures prices of gur.

At the National Commodity and Derivatives Exchange, gur prices for November-month contract delivery improved by Rs 2.40, or 0.30 per cent, to Rs 798.20 per 40 kg, with an open interest of 3,450 lots.

Current July-month contract also followed suit and moved up by same margins of Rs 2.40, or 0.25 per cent, to Rs 981.40 per 40 kg, with an open interest of 5,630 lots.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 14 2010 | 4:05 PM IST

Explore News