Spot demand lifts lead futures by 0.46%
08/08/2016 10:45
Lead futures were trading higher during the morning trade in the domestic market on Monday as investors and speculators indulged in building up of fresh positions in the industrial metal amid a surge in physical demand for lead, from battery-makers, in the domestic spot market. Further, an increase in demand from battery-makers in the domestic spot market, supported the prices of lead in the spot markets. At the MCX, Lead futures for August 2016 contract is trading at Rs 119.95 per kg, up by 0.46 per cent, after opening at Rs 119.70, against a previous close of Rs 119.40. It touched the intra-day high of Rs 120.10 (at 10:48 hours).
08/08/2016 10:45
