 "Lead prices up by 0.5% on global cues")
Taking positive cues from the global market, lead futures inched up by 0.48% to Rs 125.25 per kg in futures trading today as participants raised their bets.
At the Multi Commodity Exchange, Lead for delivery in February month edged up by 60 paise, or 0.48% to Rs 125.25 per kg in business turnover of 1,681 lots.
Likewise, the metal for delivery in far-month March traded higher by 55 paise, or 0.44% to Rs 125.75 per kg in 60 lots.
Analysts said apart from a firm trend overseas, increased demand from battery makers in the spot market, influenced lead prices at futures trade.
At the Multi Commodity Exchange, Lead for delivery in February month edged up by 60 paise, or 0.48% to Rs 125.25 per kg in business turnover of 1,681 lots.
Likewise, the metal for delivery in far-month March traded higher by 55 paise, or 0.44% to Rs 125.75 per kg in 60 lots.
Analysts said apart from a firm trend overseas, increased demand from battery makers in the spot market, influenced lead prices at futures trade.
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