SPONSORED BY

Auto Segment
Mutual Fund Segment
My Budget
Expert Speak
In Association With
 
Business Standard

Nickel rises 0.4% on spot demand, global cues

Related News

Supported by a firming trend at the London Metal Exchange (LME) and pick-up in domestic demand, prices rose by Rs 5 to Rs 1,002.30 per kg today.

At the Multi Commodity Exchange, the February contract for nickel rose by Rs 5, or 0.40%, to Rs 1,002.30 per kg, with a business turnover of 1,177 lots.

The March contract gained Rs 4, or 0.40%, to Rs 1,012 per kg, with an open interest of 224 lots.

Analysts said apart from a firming global trend, pick-up in demand from alloy-makers in the domestic spot markets mainly led to the rise in nickel prices at futures market.

Meanwhile, nickel gained 0.5% to $20,331 a tonne at the LME.

Read more on:   
|
|

Read More

Nickel futures drop 0.3% on sluggish demand

Nickel futures for March dropped by Rs 2.90, or 0.32% to Rs 907.20 per kg in 1,054 lots

Recommended for you

Quick Links

Market News

Sensex, Nifty extend losses; TCS, L&T down 2%

The 30-share Sensex was down 120 points at 29,260 and the 50-share Nifty was down 45 points at 8,878

Suryalata Spinning extends rally on preferential issue plan to promoters

The stock up 9% at Rs 166, extending its 22% rally in past two trading sessions on BSE.

FTSE adds 9 Indian firms as large-caps in Asia-Pacific ex-Japan index

Move may ead to net inflows of nearly $150 million in Indian shares

Cardamom up 4% as spot demand picks up

Spice for delivery in April gained 0.72%

Aban Offshore surges as arms redeem bonds worth Rs 1,335 crore

The stock rallied 7% to Rs 514 on back of heavy volumes.

 

Back to Top