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Nickel futures gain 0.79% on spot demand

Press Trust of India  |  New Delhi 

prices edged up by 0.79 per cent to Rs 840.60 per kg in futures trading today as speculators built up fresh positions after firm demand from alloy makers.

At the Multi Commodity Exchange, for delivery in February went up by Rs 6.60, or 0.79 per cent, to Rs 840.60 per kg in business turnover of 3,835 lots.

Likewise, the for delivery in March was trading higher by Rs 4.90, or 0.58 per cent, to Rs 843.10 per kg in 105 lots.

Analysts said fresh positions created by traders after firm demand from alloy-makers at physical market strengthened prices at futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 12 2018. 12:10 IST