 "Lead trades higher on spot demand, global cues")
Buoyed by a firm global trend and better domestic demand, lead futures traded higher by 0.36 per cent to Rs 124.55 per kg today on buying by speculators.
At the Multi Commodity Exchange, lead for delivery in May traded higher by 45 paise, or 0.36 per cent, to Rs 124.55 per kg in business turnover of 84 lots.
June lead was up by a similar margin to Rs 125.95 per kg in nine lots.
Market analysts said besides better demand in spot market, firm global trend in base metals mainly helped lead prices to trade marginally higher in futures market.
At the Multi Commodity Exchange, lead for delivery in May traded higher by 45 paise, or 0.36 per cent, to Rs 124.55 per kg in business turnover of 84 lots.
June lead was up by a similar margin to Rs 125.95 per kg in nine lots.
Market analysts said besides better demand in spot market, firm global trend in base metals mainly helped lead prices to trade marginally higher in futures market.
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