 "Lead up 0.5% on overseas cues")
Lead futures for June traded 50 paise, or 0.47% higher, at Rs 106.80 per kg in 238 lots.
At the Multi Commodity Exchange (MCX), the May contract rose by 40 paise, or 0.38%, to trade at Rs 105.85 per kg in 5,316 lots.
Prices rose on rising spot demand amid robust domestic demand from battery-makers.
Optimism that the European Central Bank will cut interest rates to a record low and after the Federal Reserve said it will keep buying bonds influenced lead futures trade here.
At the Multi Commodity Exchange (MCX), the May contract rose by 40 paise, or 0.38%, to trade at Rs 105.85 per kg in 5,316 lots.
Prices rose on rising spot demand amid robust domestic demand from battery-makers.
Also Read
At the London Metal Exchange (LME), lead traded a shade higher at $1,980.75 per tonne.
Optimism that the European Central Bank will cut interest rates to a record low and after the Federal Reserve said it will keep buying bonds influenced lead futures trade here.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*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
SAVE 25%