Spot demand lifts nickel futures : 04/10/2018

Spot demand lifts nickel futures : 04/10/2018


Commodity Segment 


 Free Intraday Tips : Join Our Whatsapp No : 9841986753
  Free Commodity Tips : Join our Whatsapp No : 9094047040

Spot demand lifts nickel futures
04/10/2018 11:22
Nickel futures were trading higher in the domestic market on Thursday on the back of rising demand from alloy makers at spot markets. Analysts attributed rise in nickel prices at futures trade to rising demand from alloy makers at domestic spot markets and positive cues from global markets. At the MCX, nickel futures for October 2018 contract is trading at Rs 955.30 per kg, up by 0.30 per cent, after opening at Rs 952.80, against a previous close of Rs 952.40. It touched the intra-day high of Rs 959.5 (at 11:20 hours).