Chana maintained its upward journey for the fifth straight day in futures trade today by gaining another 0.27 per cent to Rs 4,464 per quintal in futures trade today on surging demand in the spot market.
Besides, tight stocks position in the physical market on restricted supplies from producing regions supported the upside.
At the National Commodity and Derivatives Exchange, chana for delivery in May month gained Rs 12, or 0.27 per cent to Rs 4,464 per quintal with an open interest of 10,790 lots.
In likewise manners, the commodity for delivery in April contracts edged up by Rs 9, or 0.21 per cent to Rs 4,397 per quintal in 29,530 lots.
Analysts said besides rising demand in the spot market, restricted supplies from producing belts kept chana prices higher at futures trade.
