Lead gains 0.25% on spot demand

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:11 AM IST

In a range-bound trade, lead futures today edged up by Rs 0.25, or 0.25 per cent, to Rs 99.55 per kg supported by increased demand at spot markets.

At the Multi Commodity Exchange platform, lead for delivery in October contract traded Rs 0.25, or 0.25 per cent higher, to Rs 99.55 per kg, with a turnover of 80 lots, while the September-month contract remained flat at Rs 98.55 per kg, with a turnover of 1,498 lots.

Analysts said moderate rise in metal at futures market was mostly attributed to firm demand at spot markets but holiday on the London Metal Exchange, which determine the trend in base metals, capped gains.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 30 2010 | 12:49 PM IST

Next Story