Both the futures moved both ways on the forward cottonseed oilcake market amid sluggish trading, dealers said. The March vaida commenced with 50 paisa gain at Rs 426.50 and that proved to be day's best at the same level. Later, it lost rupees two to be day's bottom at Rs 424.50 and market settled at the same rate.

The next vaida opened with 30 paisa gain at Rs 429.10, later it inched up with a gain of 20 paisa to be day's highest at Rs 429.30. In the process of trading it lost 80 paisa to be day's bottom at Rs 428.50 and closing was seen at Rs 429.10.

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MARCH VAIDA

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Last closing           Rs 426.00

Thursday's opening     Rs 426.50

Highest                Rs 426.50

Lowest                 Rs 424.50

Closing                Rs 424.50

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MAY VAIDA

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Last closing           Rs 428.80

Thursday's opening     Rs 429.10

Highest                Rs 429.30

Lowest                 Rs 428.50

Closing                Rs 429.10

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Copyright Business Recorder, 2005