Tuesday, November 4, 2008

Geera Futures In Hefty Gains In Afternoon - Nov 04, 2008

The Jeera futures traded with hefty gains in the afternoon trading session on fresh buying support. The NCDEX Jeera futures benchmark January contract rallied 2.55% to the session high of Rs 10679 per 100 kg and the open interest in the contract added 3.10% to 5,967 lots from 5787 lots as on last day, indicating fresh buying. The counter currently trades near the session high and the volume traded as of now stood at 2,838 lots as against 2,828 lots as on last day.

The NCDEX accredited warehouse is having the Jeera stocks of 664 MT as on 03-11-08 as almost same as 663 MT as on 01-11-08.The Jeera ended the session with steady note at Rs 10,978.55 per 100 kg in the Unjha mandi today. The commodity ended the last session marginally down nearly Rs 57.15 per 100kg.

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