Equity Trading Tips: Cardamom Futures Edge Higher On MCX

Cardamom futures edged higher on MCX as speculators extended their positions amid rise in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on higher physical arrivals from the major cardamom producing regions too fuelled the uptrend. The contract for November delivery was trading at Rs 1040.00, up by 1.59% or Rs 16.30 from its previous closing of Rs 1023.70. The open interest of the contract stood at 352 lots.

The contract for December delivery was trading at Rs 1060.00, up by 1.22% or Rs 12.80 from its previous closing of Rs 1047.20. The open interest of the contract stood at 79 lots on MCX.

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