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Money Market Guru — Chana Down More Than 3 percent On Stockiest Selling – Heavy stockiest selling was seen in chana market due to fresh supplies of kharif pulses at local mandies along with anticipation of strong chana sowing acreage in the current year. The sources stated the physical demand of other pulses such as Urad and Moong has reduced chanas prices at Delhi mandi.

The spot prices reduced by Rs 150 per quintal at Delhi mandi to settle at Rs 6050 per quintal. Moreover, possibility of strong chana sowing acreage in the coming rabi season has also impacted the traders buying at higher levels. The NCDEX October futures settled down by 3.19 percent to close at Rs 5729 per quintal.