Jeera futures rise on NCDEX

Jeera futures traded up on NCDEX due to a fall in arrivals in spot markets and a rise in export demand. Moreover, fresh positions created by speculators, triggered by rising demand in the spot markets impacted the market sentiments. The contract for May delivery was trading at Rs 10920.00, up by 1.49% or Rs 160.00 from its previous closing of Rs 10760.00. The open interest of the contract stood at 1965.00 lots. The contract for June delivery was trading at Rs 11085.00, up by 1.70% or Rs 185.00 from its previous closing of Rs 10900.00. The open interest of the contract stood at 8877.00 lots on NCDEX.