Chana futures fall 0.53 % on muted demand

Press Trust of India  |  New Delhi 

Chana prices moved down 0.53 per cent to Rs 4,286 per in futures trade Tuesday after participants reduced their exposure amid subdued demand at the

At the National Commodity and Derivatives Exchange, chana for delivery in April was trading lower by Rs 20, or 0.53 per cent, to Rs 4,286 per quintal, with an open interest of 30,470 lots.

The May delivery rates also fell by Rs 18, or 0.41 per cent, to Rs 4,341 per with an open interest of 14,010 lots.

Marketmen said trimming of bets by traders due to easing demand in physical market mainly led to fall in chana prices.

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

First Published: Tue, February 05 2019. 13:55 IST