 "Lead gains about 0.7% firm domestic demand, global cues")
Lead gained 0.77 per cent to Rs 110.95 per kg in futures trade today, after speculators enlarged positions amid rising domestic demand and a firming trend overseas.
At the Multi Commodity Exchange, lead for delivery in June edged up by 85 paise, or 0.77 per cent, to Rs 110.95 per kg, with a business turnover of 168 lots.
The metal for delivery in May also rose by 75 paise, or 0.68 per cent, to Rs 110.30 per kg in a turnover of 4,053 lots.
At the LME, lead climbed as much as 5 per cent to $2,038 per tonne.
At the Multi Commodity Exchange, lead for delivery in June edged up by 85 paise, or 0.77 per cent, to Rs 110.95 per kg, with a business turnover of 168 lots.
The metal for delivery in May also rose by 75 paise, or 0.68 per cent, to Rs 110.30 per kg in a turnover of 4,053 lots.
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Marketmen said besides strong domestic demand from battery makers, a firm trend at the London Metal Exchange (LME) on better-than-expected US jobs data, boosting the outlook for metals' demand, influenced lead prices at futures trade here.
At the LME, lead climbed as much as 5 per cent to $2,038 per tonne.