 "Lead gains by 0.7% on positive global cues")
Lead futures traded higher by 0.73% to Rs 108.50 per kg today on buying by speculators amid a firm global trend and better domestic demand.
At the Multi Commodity Exchange, lead for delivery in March traded higher by 80 paise, or 0.74%, to Rs 108.50 per kg in a business turnover of 440 lots.
The metal for delivery in April was up by a similar margin to Rs 109.45 per kg in just one lot.
Market analysts said besides better demand from battery makers in spot market, firm global trend in base metals mainly helped lead prices to trade higher in futures market.
At the Multi Commodity Exchange, lead for delivery in March traded higher by 80 paise, or 0.74%, to Rs 108.50 per kg in a business turnover of 440 lots.
The metal for delivery in April was up by a similar margin to Rs 109.45 per kg in just one lot.
Market analysts said besides better demand from battery makers in spot market, firm global trend in base metals mainly helped lead prices to trade higher in futures market.
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