 "Lead up 0.1% on strong demand, overseas cues")
Lead futures prices today gained 0.16%, to Rs 128.35 per kg, supported by rising demand from battery-makers at the spot market and a firming trend in base metals at the London Metal Exchange.
At the Multi Commodity Exchange, lead prices for delivery in October traded 20 paise, or 0.16%, higher at Rs 128.35 per kg, with a turnover of 776 lots.
The metal prices for delivery in November also rose by 20 paise, or 0.15%, to Rs 129.45 per kg, having a turnover of 14 lots.
Analysts said besides strong domestic demand from battery-makers, recovery in the entire base metals at the London Metal Exchange on optimism that US lawmakers will reach a deal to raise the debt limit, easing concern that global growth will slow, also influenced lead prices at futures trade.
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