New Document top_band
 
Business Standard

Nickel strengthens by 0.41%

Strong demand from alloy makers boosted the price

Read more on:    Nickel | Lme | Mcx | China
Related News

prices rose by 0.41% to Rs 952 per kg in futures trade today as speculators enlarged their positions.

At the Multi Commodity Exchange, the January contract rose by Rs 4.90, or 0.41%, to Rs 948.10 per kg, with a business turnover of 620 lots.

The December contract traded higher by Rs 3.60, or 0.38%, to Rs 943.30 per kg, with a turnover of 877 lots.

Marketmen said firm trend in base metals at the London Metal Exchange after manufacturing in in December expanded at the fastest pace boosted demand outlook for metals.

Besides, strong demand from alloy-makers also influenced nickel prices, they added.

Read more on:   
|
|
|

Read More

Zinc marginally up by 0.13%

Zinc futures prices rose marginally by 0.13% to Rs 112.65 per kg in futures trade today as speculators enlarged positions.

Quick Links

 

Market News

Indian bond market to touch $160 billion by 2018: Morgan Stanley

Expects India to be the second largest issuer behind China in Asia

Sensex down over 200 points; Tata Motors, RIL dip 3%

Investors booked profits at higher levels after gains in the previous eight sessions

Zinc up 0.5% on spot demand

Metal for delivery in August edged up by 0.45%

Lead up 1.1% as demand picks up

Metal for delivery in August edged up by 1.00%

Sensex down 200 points; BHEL, Wipro dip 5%

Sensex was lower by 254 points at 26,017 mark and the Nifty declined by 80 points at 7,715

Back to Top