Profit-booking by investors at existing levels amid downbeat physical market leads dragged the maize prices lower by Rs 9 to Rs 1,201 per quintal at the futures trade today.
Market players attributed the slide in maize futures to profit booking by operators at higher levels in weak physical markets sentiment.
At the National Commodity and Derivatives Exchange, maize delivery for July turned weak by Rs 9, or 0.74 per cent, to Rs 1,201 per quintal, with an open interest of 6,930 lots.
Also, the delivery for August fell by Rs 6, or 0.48 per cent, to Rs 1,240 per quintal with an open interest of 9,320 lots.
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