New Delhi, 06 October (NNS): The prices of red chilli 334. rose by Rs 500 to Rs 16500 per quintal due to the higher buying from the stockists at the higher level. Recently, the prices have gone up in the same ratio. There were around 50000 bags of red chilli reported to arrive and the prices held stable at the same level of the previous day in Guntur. The market sentiments may affect because of the festival season. There is no fear of downfall in the spot red chilli prices during the near future.