The Hindu Business Line : Barley futures hit upper circuit

Mumbai, April 17 After the recent fall, barley futures in NCDEX on Thursday hit the upper circuit of four per cent at Rs 1,064 per quintal on short covering.

Despite bearish oilseed complex, castor seed managed to finish the day in the green at Rs 536 per 20 kg due to lower arrivals and strong buying interest from stockists and oil extractors.

Guarseed and guar gum gained marginally by 0.56 per cent and 0.68 per cent at Rs 1,806 per quintal and Rs 4,71 per quintal, respectively.

Rape/mustard seed and soya oil futures lost 2.65 per cent and 1.98 per cent to Rs 525 per 20 kg and Rs 578 per 20 kg, respectively on long liquidation.

Chana dips

Chana fell 2.57 per cent to Rs 2,542 per quintal on Government intervention to control the prices of essential commodities. Maize dropped 1.70 per cent to Rs 722 per quintal. Sugar dipped 1.53 per cent to Rs 1,420 per quintal.

On MCX, cardamom gained 1.16 per cent to Rs 613 per quintal on supply constrains.

MCX registered a turnover of Rs 5,601 crore up to 5 pm.

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