Fresh buying support has buoyed Maize futures today, making the commodity extend its gains after a smart up move in the last week.
The NCDEX Maize Industrial futures prospered today. The Jun 11 contract trades at1270.5 Rs./Quintal, after hitting a high of 1273 Rs./Quintal. The contract edged up by Rs 35 or 2.83% during the session and added 3.17% in the open interest, which stood at 12690 lots as against 12300 lots yesterday.
The Jul 11 contract trades at 1310 Rs./Quintal, after hitting a high of 1314.5 Rs./Quintal. The contract edged upwards by Rs 34 or 2.66% during the session and added 4.64% in the open interest which stood at 1580 lots as against 1510 lots yesterday. (Source)