Nickel futures climb 0.44% on spot demand : 03/10/2018
Nickel futures climb 0.44% on spot demand
03/10/2018 12:27
Nickel futures were trading higher during the noon trade in the domestic market on Wednesday as speculators increased their positions, taking positive cues from spot market on soaring demand.
Analysts attributed rise in nickel futures to a fresh positions built up by traders after an uptick in demand from alloy-makers at domestic spot markets.
At the MCX, nickel futures for October 2018 contract is trading at Rs 917.80 per kg, up by 0.44 per cent, after opening at Rs 916.40, against a previous close of Rs 913.80. It touched the intra-day high of Rs 921.70(at 12:40 hours).
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Nickel futures climb 0.44% on spot demand
03/10/2018 12:27
Nickel futures were trading higher during the noon trade in the domestic market on Wednesday as speculators increased their positions, taking positive cues from spot market on soaring demand.
Analysts attributed rise in nickel futures to a fresh positions built up by traders after an uptick in demand from alloy-makers at domestic spot markets.
At the MCX, nickel futures for October 2018 contract is trading at Rs 917.80 per kg, up by 0.44 per cent, after opening at Rs 916.40, against a previous close of Rs 913.80. It touched the intra-day high of Rs 921.70(at 12:40 hours).
