Chana futures declined at NCDEX on increased supplies in the physical market, which led to a fall in chana prices at futures trade. Further, good spell of rain in Madhya Pradesh and Karnataka counterbalanced concerns over weak rains and pulses output.
The contract for August delivery was trading at Rs 4,730.00, down by 0.84% or Rs 40.00 from its previous closing of Rs 4,770.00. The open interest of the contract stood at 14360 lots.
The contract for September delivery was trading at Rs 4,860.00, down by 0.51% or Rs 25.00 from its previous closing of Rs 4,885.00. The open interest of the contract stood at 99820 lots on NCDEX.