Lead down by 0.2% as global trend weakens

Lead fell 0.19% to Rs 105.50 per kg in futures trade today after participants reduced exposure amid a weak trend overseas and sluggish domestic demand.

At Multi Commodity Exchange, lead for delivery in December month contract was trading 20 paise, or 0.19%, down at Rs 105.50 per kg in a business turnover of 48 lots.

Also, metal for delivery November month shed 15 paise, or 0.14% to Rs 104.55 per kg in 529 lots.

Analysts said weakness in select base metals at the London Metal Exchange and muted from battery-makers in the domestic spot market kept pressure on metal prices.