Nickel futures up on increasing demand
18/01/2018
Nickel futures up on increasing demand
18/01/2018 16:22
Nickel futures were trading higher during the evening trade in the domestic market on Thursday as participants widened their bets, driven by pick-up in demand in the spot market.
Analysts attributed rise in nickel futures to building-up of positions by traders due to pick up in demand from alloy- makers in the spot market.
At the MCX, nickel futures for January 2018 contract is trading at Rs 796.40 per kg, up by 0.78 per cent, after opening at Rs 790.30, against a previous close of Rs 790.20. It touched the intra-day high of Rs 799 (at 16:29 hours)
18/01/2018
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Nickel futures up on increasing demand
18/01/2018 16:22
Nickel futures were trading higher during the evening trade in the domestic market on Thursday as participants widened their bets, driven by pick-up in demand in the spot market.
Analysts attributed rise in nickel futures to building-up of positions by traders due to pick up in demand from alloy- makers in the spot market.
At the MCX, nickel futures for January 2018 contract is trading at Rs 796.40 per kg, up by 0.78 per cent, after opening at Rs 790.30, against a previous close of Rs 790.20. It touched the intra-day high of Rs 799 (at 16:29 hours)
