Castor seed futures extend gains on restricted arrivals

Castor seed futures extended their gains on NCDEX as a result of rise in demand from consuming industries. The sentiments further improved on the restricted arrivals in domestic markets which in turn encouraged the investors to enlarge their holdings. The contract for May delivery was trading at Rs 4023.00, up by 0.65% or Rs 26.00 from its previous closing of Rs 3997.00. The open interest of the contract stood at 152920.00 lots. The contract for June delivery was trading at Rs 4081.00, up by 0.69% or Rs 28.00 from its previous closing of Rs 4053.00. The open interest of the contract stood at 59050.00 lots on NCDEX.