ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Easy Spell

December 31, 1966 tures to the spot section. While the turnover in the futures section was limited to stray deals, the activity in the spot market, particularly in groundnut, was very keen as speculators tried to rig up the prices of groundnut oil. Meanwhile, as the bulls in castor and linseed had fulfilled their obligation in respect of margins by paying Rs 45 lakhs, the shorts tried to cover a part of their sales thus imparting a hardening trend to a limited extent to the prices in the futures section. Castor April closed the week with a net gain of only 63 paise at Rs 138.50, while linseed April remained unchanged at Rs 162.50 Cottonseed January moved up by Rs 2 to close at Rs 77.

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