Nickel futures rise on uptick in demand
08/08/2016 10:36
Nickel futures were trading higher during the morning trade in the domestic market on Monday as traders indulged in building up fresh positions amid an increase in demand from alloy-makers at the domestic spot market. Further, a rise in domestic demand from alloy-makers at the domestic spot markets, buoyed the up trend in nickel prices at the futures trade. At the MCX, nickel futures for August 2016 contract is trading at Rs 721.40 per kg, up by 0.71 per cent, after opening at Rs 717.70, against a previous close of Rs 716.30. It touched the intra-day high of Rs 722 (at 10:29 hours).
08/08/2016 10:36
