At the Multi Commodity Exchange, nickel for delivery in September advanced by Rs 17.20, or 1.50 per cent to Rs 1166.60 per kg in business turnover of 827 lots.
Similarly, the metal for delivery in August gained Rs 16, or 1.40 per cent to Rs 1160 per kg in 15,373 lots.
Analysts said apart from rising demand from alloy-makers at domestic spot markets, a firming trend at the London Metal Exchange amid optimism that geopolitical risks are receding, aiding investment sentiment for commodities.
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