Lead up by 0.4% on overseas trend

Increased demand from domestic battery-makers also influenced prices

Lead futures traded higher by 0.43% to Rs 117.80 per kg today on a firming trend in select metals in global markets amid increased demand from domestic battery-makers.

In futures trading at Multi Commodity Exchange, lead for delivery this month traded higher by 50 paise, or 0.43%, at Rs 117.80 per kg, with a turnover of 4,195 lots.

Metal for delivery in February also rose by a similar margin to trade at Rs 117.85 per kg in 43 lots.

Marketmen said apart from rising demand in the domestic spot markets from domestic battery-makers and other consuming industries, a firming trend in metal at the London Metal Exchange supported the upside in lead futures here.