India maize futures surge 1.27% on upbeat sentiments.

Maize prices spurted in futures trade after widening of positions by the speculators buoyed up rising trend in physical as well as overseas. Market players attributed an up tick in maize prices to bolstering prices in spot markets on reducing stock due to tight supplies amid immense buying by stockist and poultry feed maker. Apart from rising prices overseas too gave a push to the maize futures prices, they quoted.