Nickel up 0.8% on global cues

Nickel futures for February rose by Rs 8, or 0.82% to Rs 980 per kg in 13,808 lots.

At the multi Commodity Exchange (MCX), the March contract traded higher by Rs 7.70, or 0.79% to Rs 985 per kg in 648 lots.

Strong spot market demands supported the trade.

Firming global trend pushed up nickel futures trade here.

On the London Metal Exchange (LME), nickel advanced 0.3% to $18,227 a tonne.