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Nickel gains on rising demand

Press Trust of India  |  Mumbai 

gained further at the non-market today due to stockists' buying amid rising demand from alloy industries.

Elsewhere, aluminium ingots and lead rebounded owing to fresh demand from alloy industries.

Meanwhile, copper utensils and copper armature slipped due to subdued demand from consuming industries.

Tin prices rose by Rs 5 per kg to Rs 1,475 from last Saturday's closing level of Rs 1,470. However, copper utensils moved down by Rs 5 per kg to Rs 450 as against Rs 455 and copper armature softened by a rupee per kg to Rs 479.

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

First Published: Mon, June 11 2018. 16:45 IST