New Document top_band
 
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 MCX, 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 (LME) 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

Stock picking by institutional investors

India's benchmark indices rose about 14 per cent during the April-June period, the best quarterly gain since September 2009. Foreign investors ...

Today's Picks - 31 July 2014

Nifty, Bank Nifty, Cipla, ntpc & HCL Tech

Offshore India funds, ETFs see $294-million inflows in Apr-Jun

There was an outflow of $1 billion during the quarter and a net infusion of $1.29 billion into offshore funds and ETFs

F&O expiry: Nifty ends 70 points lower at 7,721

Markets ended lower following expiry of July F&O contracts and sales by foreign funds

Five takeaways from HCL Technologies numbers

What the profit numbers do not reflect, however, is the huge order wins by the company during the quarter

Back to Top