Nickel futures up on increasing demand
04/12/2017
Nickel futures up on increasing demand
04/12/2017 17:00
Nickel futures were trading higher during the evening trade in the domestic market on Monday as participants widened their bets, driven by pick-up in demand in the spot market.
Analysts attributed rise in nickel futures to building-up of positions by traders due to pick up in demand from alloy- makers in the spot market.
At the MCX, nickel futures for December 2017 contract is trading at Rs 736.70 per kg, up by 0.72 per cent, after opening at Rs 732.30, against a previous close of Rs 731.40. It touched the intra-day high of Rs 737.90(at 17:07 hours).
04/12/2017
Commodity Segment
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Nickel futures up on increasing demand
04/12/2017 17:00
Nickel futures were trading higher during the evening trade in the domestic market on Monday as participants widened their bets, driven by pick-up in demand in the spot market.
Analysts attributed rise in nickel futures to building-up of positions by traders due to pick up in demand from alloy- makers in the spot market.
At the MCX, nickel futures for December 2017 contract is trading at Rs 736.70 per kg, up by 0.72 per cent, after opening at Rs 732.30, against a previous close of Rs 731.40. It touched the intra-day high of Rs 737.90(at 17:07 hours).
