Wheat futures trade positive supported by the speculation of wheat harvesting get delayed because of untimely rains and low temperature. Also expectations of rise in demand affected the sentiment.
The contract for April delivery was trading at Rs 1436.00, up by 0.07%
or Rs 1.00 from its previous closing of Rs 1435.00. The open interest of
the contract stood at 1730.00 lots.
The contract for May delivery was trading at Rs 1426.00, up by 0.49% or Rs 7.00 from its previous closing of Rs 1419.00. The open interest of the contract stood at 15540.00 lots on NCDEX.[via]
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