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Lead gains by 0.4% on firm spot demand

Speculators enlarged positions taking positive cues from the global market

Lead gains by 0.4% on firm spot demand

Press Trust of India New Delhi
Taking positive cues from the global market and rising demand at domestic spot markets, lead futures prices today rose 0.36% to Rs 111.70 per kg as speculators enlarged positions.

At Multi Commodity Exchange, lead for delivery in September traded 40 paise, or 0.36%, higher at Rs 111.70 per kg, with a turnover of 335 lots.

Marketmen said the rise in lead futures was mostly supported by rising demand from battery-makers in the domestic spot markets and firming trend in industrial metals at the London Metal Exchange.
 

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First Published: Sep 07 2015 | 11:32 AM IST

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