Pickup in demand lifts lead futures
29/08/2016 10:58
Lead futures were trading higher during the morning trade in the domestic market on Monday as investors and speculators widened their bets in the industrial metal led by spurt in physical demand for lead, from battery-makers, in the domestic spot market. Further, a rise in demand from battery-makers in the domestic spot market, supported prices of lead at the domestic spot markets. At the MCX, lead futures for August 2016 contract is trading at Rs 125.40 per kg, up by 0.12 per cent, after opening at Rs 125.65, against a previous close of Rs 125.25. It touched the intra-day high of Rs 125.65 (at 10:56 hours).
29/08/2016 10:58
