Wheat futures inch up 0.46% on speculative buying

Press Trust of India  |  New Delhi 

prices edged higher by 0.46 per cent to Rs 1,750 per in futures market today as speculators made fresh bets.

At the National Commodity and Derivatives Exchange, for delivery in May went up by 0.46 per cent to Rs 1,750 per with an open interest of 1,230 lots.

However, delivery in far-month June held steady at Rs 1,777 per in 4,520 lots.

Analysts said fresh positions created by traders due to improved demand in the physical market amid a pause in arrivals from producing belts influenced prices at futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 11 2018. 11:40 IST