Chana futures slip 1.45% on profit-booking

NEW DELHI, June 4: Chana prices moved down by 1.45   Per cent to Rs 3,533 per quintal in futures trade today as speculators booked profits at prevailing levels amid easing demand in the spot market.
At the National Commodity and Derivatives Exchange, chana for delivery in July fell by Rs 52, or 1.45 per cent, to Rs 3,533 per quintal with an open interest of 51,720 lots.
Similarly, the commodity for delivery in the current month declined by Rs 47, or 1.32 per cent, to Rs 3,503 per quintal in 82,450 lots.
Analysts said besides profit-booking by participants at existing level, decline in demand in the physical market against sufficient stocks position attributed the fall in chana futures. (PTI)

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