Business Standard

Lead up 0.2% on strong spot demand

Strong demand from battery-makers supported the trade

Related News

futures for January traded 25 paise, or 0.20% higher at Rs 126.45 per kg in 1,174 lots.

At the Multi Commodity Exchange, the February contract also rose by 15 paise, or 0.12% to trade at Rs 127.05 per kg in 212 lots.

Fresh positions by speculators, strong demand from battery-makers supported the trade.

Data showing a jump in effected a firm trend at the London Metal Exchange.

Speculations of an economic recovery in Europe that may increase demand for metals also triggered the uptrend globally.

Read more on:   
|
|
|
|

Read More

Zinc up 0.3% on global cues

Covering-up of short positions by speculators also supported the upside

Quick Links

 

Market News

Financial Technologies hits 52-week low on NSEL merger report

The stock dipped 13% to Rs 148, extending its previous day's 20% fall on BSE.

Tax pressure eases on existing AIFs

I-T appellate tribunal rules that July circular on beneficiaries cannot be applied retrospectively

IPO filings: New companies law clause proves irritant

The clause mandates promoters to furnish proof of initial investments

Investors are interested in increasing India exposure: Naganath Sundaresan

Interview with President and chief investment officer, DSP BlackRock

HDFC Bank net up 20%, a tad short of expectations

Yet, operationally, a good quarter, with a pick-up in retail loan growth, steady margins, asset pressure under control

Back to Top