Lead gains by 0.3% on spot demand
The metal's gain in overseas market also influenced prices
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Lead futures strengthened by 0.35% to Rs 129.20 per kg today amid demand in the domestic spot market and a firming global trend.
At the Multi Commodity Exchange, lead for delivery in April traded higher by 45 paise or 0.35% to Rs 129.20 per kg, with a turnover of 186 lots.
The metal for delivery in May gained 40 paise or 0.31% to Rs 129.80 per kg in a business volume of 10 lots.
Traders said apart from domestic demand, particularly from battery-makers, the metal's gain in overseas market, supported the upside in lead prices at futures trade.
At the Multi Commodity Exchange, lead for delivery in April traded higher by 45 paise or 0.35% to Rs 129.20 per kg, with a turnover of 186 lots.
The metal for delivery in May gained 40 paise or 0.31% to Rs 129.80 per kg in a business volume of 10 lots.
Traders said apart from domestic demand, particularly from battery-makers, the metal's gain in overseas market, supported the upside in lead prices at futures trade.
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First Published: Apr 24 2015 | 11:22 AM IST
