Chana futures trade down on profit-booking For Today:- 28-may

Chana futures trade down on profit-booking For Today:- 28-may

Chana futures trade down on NCDEX on profit-booking by speculators amid subdued demand in physical markets. Further, increased supply from major producing regions of Madhya Pradesh and Rajasthan also put pressure on chana futures prices.

The contract for June delivery was trading at Rs 3,250.00, down by 1.01% or Rs 33.00 from its previous closing of Rs 3,283.00. The open interest of the contract stood at 118550 lots.

The contract for July delivery was trading at Rs 3,329.00, down by 0.95% or Rs 32.00 from its previous closing of Rs 3,361.00. The open interest of the contract stood at 97940 lots on NCDEX.

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