Guar seed futures gain on spot demand
By Rediff Money Desk, New Delhi Jun 20, 2024 15:29
Guar seed futures prices surged on the National Commodity and Derivatives Exchange (NCDEX) due to increased speculation and firm spot market trends. Learn more.
New Delhi, Jun 20 (PTI) Guar seed prices on Thursday rose Rs 38 to Rs 5,425 per 10 quintals in futures trade after speculators widened their positions following a firm trend in the spot market.
On the National Commodity and Derivatives Exchange, guar seed contracts for July delivery rose Rs 38, or 0.70 per cent, to Rs 5,425 per 10 quintals with an open interest of 51,370 lots.
According to marketmen, speculators raised bets, tracking a firm trend in the spot market and thin supplies from growing belts mainly led to the rise in guar seed prices.
On the National Commodity and Derivatives Exchange, guar seed contracts for July delivery rose Rs 38, or 0.70 per cent, to Rs 5,425 per 10 quintals with an open interest of 51,370 lots.
According to marketmen, speculators raised bets, tracking a firm trend in the spot market and thin supplies from growing belts mainly led to the rise in guar seed prices.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 7.99 (+ 1.52)
- 58018780
- Mishtann Foods L
- 9.17 ( -5.17)
- 27555831
- Shree Securities
- 0.42 ( -6.67)
- 27309223
- AvanceTechnologies
- 0.90 ( -4.26)
- 25537567
- Rajnish Wellness
- 1.69 ( -2.87)
- 19267607
MORE NEWS
Akasa Air Pilot Concerns: Safety Issues Alleged
Akasa Air faces allegations of training and safety issues from a section of its pilots...
Pune Property Registrations Down 11% in...
Pune property registrations fell 11% year-on-year in November, despite strong demand,...
Maxivision Eye Hospitals Expands in Gujarat,...
Maxivision Super Specialty Eye Hospitals is expanding its presence in Gujarat with a Rs...