Chana futures prices fall 0.51 pc on profit-bookins

Chana prices fell by Rs 51 to Rs 4,752 per quintal in futures trade today.

Written by Agencies | New Delhi | Published:October 17, 2012 3:53 pm

Chana prices fell by Rs 51 to Rs 4,752 per quintal in futures trade today as speculators booked profits at existing higher levels,driven by a subdued spot demand.

At the National Commodity and Derivatives Exchange,chana for delivery in November fell by Rs 51,or 1.06 per cent,to Rs 4,752 per quintal,with an open interest of 76,920 lots.

Likwise,the commodity for delivery in October shed Rs 23,or 0.23 per cent,to Rs 4,910 per quintal in 45,830 lots.

Market analysts said besides profit-bookings by speculators at existing higher levels,sluggish demand in the domestic market mainly kept pressure on chana prices at futures trade.

For all the latest News Archive News, download Indian Express App

    Live Cricket Scores & Results