Nickel futures little changed on sluggish demand
19/08/2016 10:44
Nickel futures were trading little changed during the morning trade in the domestic market on Friday as speculators remained on the sodelines amid muted demand from alloy-makers at the domestic spot market. Further, a fall in domestic demand from alloy-makers at the domestic spot markets, influenceded the downtrend in nickel prices at futures trade. At the MCX, nickel futures for August 2016 contract is trading at Rs 689.30 per kg, down by 0.04 per cent, after opening at Rs 688.10, against a previous close of Rs 689.60. It touched the intra-day low of Rs 686.70 (at 10:41 hours).
19/08/2016 10:44
