Nickel futures remains firm on increased demand, global cues 25/10/2018
Nickel futures remains firm on increased demand, global cues
25/10/2018 12:13
Nickel futures were trading higher during the noon trade in the domestic market on Thursday after participants enlarged their portfolios amid increased demand at the spot markets and positive global cues.
Market analysts said raising of bets by traders backed by strong demand from alloy-makers at the domestic spot markets and a firm trend overseas, supported the upside in nickel prices at futures trade here.
At the MCX, nickel futures for October 2018 contract is trading at Rs 894.50 per kg, up by 0.27 per cent, after opening at Rs 894.60, against a previous close of Rs 892.10. It touched the intra-day high of Rs 897.00 (at 12:14 hours).
Commodity Segment
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Nickel futures remains firm on increased demand, global cues
25/10/2018 12:13
Nickel futures were trading higher during the noon trade in the domestic market on Thursday after participants enlarged their portfolios amid increased demand at the spot markets and positive global cues.
Market analysts said raising of bets by traders backed by strong demand from alloy-makers at the domestic spot markets and a firm trend overseas, supported the upside in nickel prices at futures trade here.
At the MCX, nickel futures for October 2018 contract is trading at Rs 894.50 per kg, up by 0.27 per cent, after opening at Rs 894.60, against a previous close of Rs 892.10. It touched the intra-day high of Rs 897.00 (at 12:14 hours).
