Nickel futures gain 0.15% on increased demand; global leads 24/10/2018
Nickel futures gain 0.15% on increased demand; global leads
24/10/2018 12:52
Nickel futures were trading higher during the noon trade in the domestic market on Wednesday as participants increased their bets.
Market analysts said expanding of positions by traders following hardening of demand from alloy makers in the spot market was instrumental in rise in nickel prices.
At the MCX, nickel futures for October 2018 contract is trading at Rs 908.00 per kg, up by 0.15 per cent, after opening at Rs 909.7, against a previous close of Rs 906.60. It touched the intra-day high of Rs 915.30 (at 13:00 hours).
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Nickel futures gain 0.15% on increased demand; global leads
24/10/2018 12:52
Nickel futures were trading higher during the noon trade in the domestic market on Wednesday as participants increased their bets.
Market analysts said expanding of positions by traders following hardening of demand from alloy makers in the spot market was instrumental in rise in nickel prices.
At the MCX, nickel futures for October 2018 contract is trading at Rs 908.00 per kg, up by 0.15 per cent, after opening at Rs 909.7, against a previous close of Rs 906.60. It touched the intra-day high of Rs 915.30 (at 13:00 hours).
