Business Standard

Thursday, January 09, 2025 | 12:42 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Chana down 0.9% on profit-booking

Commodity for delivery in September traded lower by Rs 35, or 0.77%

Press Trust of India New Delhi
Chana prices were down 0.86 per cent to Rs 4,477 per quintal in futures trade today as speculators booked profits at prevailing levels.

Besides, easing demand at the spot market, weighed on the prices.

At the National Commodity and Derivative Exchange, chana for delivery in August drifted by Rs 39, or 0.86 per cent to Rs 4,477 per quintal with an open interest of 12,960 lots.

Similarly, the commodity for delivery in September traded lower by Rs 35, or 0.77 per cent to Rs 4,483 per quintal in 1,60,290 lots.

Traders said besides profit-booking by speculators at existing levels, fall in demand at the spot market mainly pulled down chana prices in futures trade.

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

First Published: Aug 13 2015 | 12:02 PM IST

Explore News