Nickel up 0.2% on firm demand
Firmness in metal overseas supported nickel futures trade here
 "Nickel up 0.2% on firm demand")
Nickel futures for April gained Rs 1.80, or 0.20%, to Rs 881 per kg in 3,919 lots.
At the Multi Commodity Exchange (MCX), the May contract rose by similar margin to trade at Rs 889.10 per kg in 241 lots.
Prices moved up as speculators enlarged their positions, supported by rising spot market demand.
Increased domestic demand from alloy-makers also had a positive impact.
At the London Metal Exchange (LME), nickel rose 0.5% to $16,130 a tonne.
At the Multi Commodity Exchange (MCX), the May contract rose by similar margin to trade at Rs 889.10 per kg in 241 lots.
Prices moved up as speculators enlarged their positions, supported by rising spot market demand.
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Firmness in metal overseas supported the nickel futures trade here.
Increased domestic demand from alloy-makers also had a positive impact.
At the London Metal Exchange (LME), nickel rose 0.5% to $16,130 a tonne.