Business Standard

Lead down on subdued demand, weak overseas cues

Weak global trend mainly pulled the metal down

Read more on:    Lead | Mcx | Lme | China | Eurozone Crisis | Global Cues
Related News

prices traded marginally lower by 0.14% to Rs 108.45 per kg in futures trade today owing to subdued demand in the spot market.

At the , Lead for delivery in June month shed 15 paise, or 0.14%, to Rs 108.45 per kg in business turnover of 874 lots.

The May contract traded lower by 5 paise, or 0.05%, to Rs 107.85 per kg in 1,584 lots.

Globally, lead traded 0.10% lower at $1,923 per tonne.

Market analysts said subdued domestic demand and weakness in metal at the London Metal Exchange () mainly put pressure on lead prices at futures trade.

Read more on:   
|
|
|
|
|

Read More

Lead futures up on global cues, spot demand

Supported by a firming trend overseas and a pick-up in spot demand, lead futures prices today traded higher by 0.67% to Rs 112.60 per kg.

Quick Links

 

Market News

India Inc's m-cap nears record

Just 3% lower than the all-time peak seen in Nov 2010; IT and consumption-oriented firms move up the list, with bigger rewards for those ...

Coal India awaiting more triggers

Analysts expect it to raise prices this quarter to offset rising costs; faster clearances seen for project plans but output rise still seen as a ...

FIIs bullish on ICICI Bank; stake hits 6-year high

During quarter ended March, the stock gains 13.3% compared with the Bankex's 12% rise

MSCI rejig worries weigh on HDFC Bank stock

As of March 31, FII holding was 34%, against 34.9% in the previous quarter

Fund pick: UTI MNC Fund

Portfolio concentration high, but returns superior

Back to Top