The NCDEX Turmeric futures extended the last trading sessions loss on continued profit taking. The counter is trading with loss for the third consecutive trading sessions on profit booking of earlier gains, the current fall is a technical correction from the overbought zone.
The Turmeric futures benchmark October contract on NCDEX traded in the ranges of Rs 5050- Rs 4950 per quintal during the opening trading sessions. The counter lost nearly Rs 65 or 1.30% per quintal at the sessions low. The counter currently trades at Rs 4969, down Rs 46 or 0.92% per quintal and the open interest in the contract pared 2.44% which stood at 31,530 lots as against 32,320 lots as on yesterday, indicating profit taking.
The Turmeric futures benchmark October contract on NCDEX traded in the ranges of Rs 5050- Rs 4950 per quintal during the opening trading sessions. The counter lost nearly Rs 65 or 1.30% per quintal at the sessions low. The counter currently trades at Rs 4969, down Rs 46 or 0.92% per quintal and the open interest in the contract pared 2.44% which stood at 31,530 lots as against 32,320 lots as on yesterday, indicating profit taking.
No comments:
Post a Comment