SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

NCDEX reports Rs 91 crore turnover in chana contract on re-launch day

17 Jul 2017 Evaluate

National Commodity & Derivatives Exchange (NCDEX), an online agri-commodity exchange has registered a turnover of Rs 91 crore on the first day of the re-launch of chana (pulses) contracts. The open interest was 6,990 tonnes with traded volume of 17,380 tonnes. The contract witnessed active participation by farmers groups in a bumper crop year and volatile prices.

The exchange had re-launched the chana futures contract expiring in the months of September 2017, October 2017 and November 2017 for trading from July 14, 2017. This step had been taken by the exchange after market regulator SEBI lifted ban on futures trading in chana (gram).

Last year in June, SEBI had suspended introduction of any new contracts in chana to curb speculation and check prices.



About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×