Nickel futures up on rising demand
25/01/2018
Nickel futures up on rising demand
25/01/2018 13:03
Nickel futures were trading higher during the noon trade in the domestic market on Thursday 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 January 2018 contract is trading at Rs 868.80 per kg, up by 1.32 per cent, after opening at Rs 860.60, against a previous close of Rs 857.50. It touched the intra-day high of Rs 880.80 (at 13:07 hours)
25/01/2018
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Nickel futures up on rising demand
25/01/2018 13:03
Nickel futures were trading higher during the noon trade in the domestic market on Thursday 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 January 2018 contract is trading at Rs 868.80 per kg, up by 1.32 per cent, after opening at Rs 860.60, against a previous close of Rs 857.50. It touched the intra-day high of Rs 880.80 (at 13:07 hours)
