The News Scroll 08 April 2021  Last Updated at 1:25 pm | Source: PTI

Nickel futures rise on firm spot demand

Nickel futures rise on firm spot demand
New Delhi, April 8 (PTI) Nickel prices rose by 0.57 per cent to Rs 1,263.90 per kg in futures trade on Thursday as speculators built fresh positions on rising demand from alloy makers in the spot market.

On the Multi Commodity Exchange, nickel contracts for April delivery gained Rs 7.20 or 0.57 per cent, to Rs 1,263.90 per kg in a business turnover of 1,665 lots.

Rise in demand in the spot market from alloy makers mainly supported the price rise in nickel futures, analysts said. PTI AST SHW SHW

Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI
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