Nickel futures up on pickup in demand
07/02/2018
Nickel futures up on pickup in demand
07/02/2018 17:01
Nickel futures were trading higher during the evening trade in the domestic market on Wednesday 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 February 2018 contract is trading at Rs 865.50 per kg, up by 1.19 per cent, after opening at Rs 857.90, against a previous close of Rs 855.30. It touched the intra-day high of Rs 872.30 (at 17:04 hours)
07/02/2018
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Nickel futures up on pickup in demand
07/02/2018 17:01
Nickel futures were trading higher during the evening trade in the domestic market on Wednesday 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 February 2018 contract is trading at Rs 865.50 per kg, up by 1.19 per cent, after opening at Rs 857.90, against a previous close of Rs 855.30. It touched the intra-day high of Rs 872.30 (at 17:04 hours)
