At the Multi Commodity Exchange, nickel for delivery in June moved up by Rs 3.50, or 0.58 per cent, to Rs 607.80 per kg in a business turnover of 50 lots.
Similarly, the metal for delivery in May traded higher by Rs 3.30, or 0.55 per cent, to Rs 601 per kg in a business turnover of 1,546 lots.
Analysts said speculators enlarged positions on a firming trend at the domestic spot markets on better demand from consuming industries, mainly influenced nickel prices in futures trade.
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