Wednesday 6 May 2015

NCDEX CHANA UP 4% ON LOWER OUTPUT ESTIMETES

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Chana prices climbed 3.65 per cent to Rs 4,597 per quintal in futures trade today as speculators indulged in enlarging their positions amid lower output estimates due to unseasonal rainfall in key growing belts.
Also, rising demand in the spot market fuelled the uptrend.
At National Commodity and Derivatives Exchange, chana for delivery in June advanced Rs 162, or 3.65 per cent, to Rs 4,597 per quintal with an open interest of 1,07,600 lots.
Similarly, the commodity for delivery in May contracts gained Rs 133, or 3.04 per cent, to Rs 4,505 per quintal in 90,940 lots.
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1 comments:

  1. Best thing of your blog is timing as all we know time is most important thing in stock market ....
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