Nickel futures rose by 0.24% to Rs 1,044.70 per kg today, taking positive cues from global markets.

At the Multi Commodity Exchange, the March contract for nickel rose by Rs 2.50, or 0.24%, to Rs 1,044.70 per kg, with a business turnover of 113 lots.

Also Read   Related Stories News Now - Zinc rises 0.14% on spot demand, global cues - Mentha oil rises on industrial demand - Crude palm oil rises marginally on global cues - Silver futures up by Rs 123 overseas trend - Rajesh Bhayani: Comexes wait for critical mass - Nickel rises 0.4% on spot demand, global cues

Also Read   Related Stories News Now - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr More

At the London Metal Exchange (LME), nickel increased 0.70% to $20,840 per tonne in early trade today.

Analysts said rising demand at domestic spot markets from alloy-makers, besides firming trend at the LME influenced nickel futures prices here.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr

Tags : Nickel | futures | MCX   Read Business news in  Advertisements -  India's no. 1 Property Site. Click here to know more -   -  "Discover The Power of One" -  Help a Child Achieve her. Click to know more -  Watch The Film Here. Click here to know more.. -  Learn How One City is Running on FOOD SCRAPS. -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More -  2 Lac Apartments, 1 Lac House / Plots. Click here