Thursday, March 17, 2016

EPIC RESEARCH NCDEX CHANA UPDATE OF 17 MARCH 2016


Chana trading range for the day is 4298-4530.
Chana prices ended with losses due to profit booking after prices gained due to unseasonal rains in North and Central India.
Govt. is creating buffer stock for pulses including chana so that they can stabilize the prices in years to come.
Imported chana has also hit the markets this month and traders & stockists are buying up to their respective stock limits for the new season crop.
In Delhi spot market, chana dropped by -40.2 rupee to end at 4759.8 rupee per 100 kgs.

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