Business Standard

Tuesday, December 24, 2024 | 02:04 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Wheat moves up by 0.52% in futures trade

Image

Press Trust of India New Delhi
Wheat prices were higher by 0.52 per cent to Rs 1,745 per quintal in futures market today after participants built up fresh positions.

At the National Commodity and Derivatives Exchange, wheat for delivery in November rose by Rs 9, or 0.52 per cent to Rs 1,745 per quintal with an open interest of 7,580 lots.

Similarly, wheat for delivery in December gained Rs 7, or 0.40 per cent to Rs 1,762 per quintal in 4,350 lots.

Analysts attributed the rise in wheat futures to raising of bets by participants.

Disclaimer: No Business Standard Journalist was involved in creation of this content

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

First Published: Oct 30 2017 | 12:22 PM IST

Explore News