Nickel futures up 0.51% on spot demand
17/10/2018
Nickel futures up 0.51% on spot demand
17/10/2018 12:18
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 921.10 per kg, up by 0.51 per cent, after opening at Rs 921.10, against a previous close of Rs 916.40. It touched the intra-day high of Rs 923.00 (at 12:18 hours).
17/10/2018
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Nickel futures up 0.51% on spot demand
17/10/2018 12:18
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 921.10 per kg, up by 0.51 per cent, after opening at Rs 921.10, against a previous close of Rs 916.40. It touched the intra-day high of Rs 923.00 (at 12:18 hours).
