Cardamom Futures Edge Lower On Profit-Booking - Indian Stock Market Tips

Cardamom futures edged lower on MCX as speculators booked profits at prevailing levels amid easing demand in the spot market. Moreover, adequate stocks position following higher supply from the producing regions too fuelled the downtrend. The contract for October delivery was trading at Rs 1199.80, down by 3.99% or Rs 49.90 from its previous closing of Rs 1249.70. The open interest of the contract stood at 262 lots.

The contract for November delivery was trading at Rs 1171.70, down by 4.00% or Rs 48.80 from its previous closing of Rs 1220.50. The open interest of the contract stood at 91 lots on MCX.

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