New Delhi, Sep 28 (PTI) Nickel prices went up by Rs 7.40 to Rs 913 per kg in futures trade Friday as speculators raised bets, driven by rising demand at the domestic spot markets. Also Read - Coronavirus LIVE Updates:
The September rates for nickel were trading higher by Rs 7.40, or 0.82 per cent, at Rs 913 per kg in a turnover of 343 lots at the Multi Commodity Exchange. Also Read - Coronavirus Impact: Termination Letters, No Salaries For I-League Footballers
The metal for delivery in October, too, rose by Rs 6.70,or 0.73 per cent, to trade at Rs 919.70 per kg in 195 lots. Also Read - Entertainment News Today, April 7: Varun Dhawan's Coolie No. 1 to Not Release in May, Actor to Mimic Mithun Chakraborty in Film
Analysts said rise in nickel prices at futures trade was mostly attributed to strong demand from alloy makers at domestic spot markets.
This is published unedited from the PTI feed.