Nickel futures inch higher on rising demand
17/07/2018
Nickel futures inch higher on rising demand
17/07/2018 13:23
Nickel futures were trading higher during the noon trade in the domestic market on Tuesday as speculators increased their positions, taking positive cues from spot market on soaring demand.
Analysts said, widening of positions by traders on the back of rising demand from alloy-makers at domestic spot markets and a firm trend overseas kept nickel prices higher in futures trade.
At the MCX, nickel futures for July 2018 contract is trading at Rs 934.10 per kg, up by 0.39 per cent, after opening at Rs 943.90, against a previous close of Rs 930.50. It touched the intra-day high of Rs 943.90 (at 13:26 hours).
17/07/2018
Commodity Segment
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Nickel futures inch higher on rising demand
17/07/2018 13:23
Nickel futures were trading higher during the noon trade in the domestic market on Tuesday as speculators increased their positions, taking positive cues from spot market on soaring demand.
Analysts said, widening of positions by traders on the back of rising demand from alloy-makers at domestic spot markets and a firm trend overseas kept nickel prices higher in futures trade.
At the MCX, nickel futures for July 2018 contract is trading at Rs 934.10 per kg, up by 0.39 per cent, after opening at Rs 943.90, against a previous close of Rs 930.50. It touched the intra-day high of Rs 943.90 (at 13:26 hours).
