Guar seed futures rise on higher bets

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NewsDrum Desk
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New Delhi, Jan 16 (PTI) Guar seed prices on Friday rose by Rs 76 to Rs 5,574 per quintal in futures trade amid higher bets by investors.

On the National Commodity and Derivatives Exchange, guar seed contracts for February delivery climbed by Rs 76 or 1.36 per cent to Rs 5,574 per quintal with an open interest of 61,665 lots.

Marketmen said higher bets by investors despite a fall in spot prices supported guar seed prices in futures trade. PTI DR HVA