Nickel futures rise 0.58 pc as demand picks up
At the Multi Commodity Exchange, nickel for delivery in April moved up by Rs 3.80, or 0.58 per cent, to Rs 655.80 per kg in a business turnover of 232 lots.
Similarly, the metal for delivery in May traded higher by Rs 2.80, or 0.43 per cent, to Rs 660.90 per kg in a business turnover of 7 lots.
Analysts said, speculators enlarged positions on a firming trend at the domestic spot markets on better demand from consuming industries which mainly supported the upside in futures trade.
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