Lead futures up on strong spot demand, overseas cues

NEW DELHI, Oct 30:  Lead futures prices today rose 0.41 per cent to Rs 134.30 per kg on rising spot demand and positive cues from global markets.

At the Multi Commodity Exchange, lead for delivery in October traded 55 paise, or 0.41 per cent, higher at Rs 134.30 per kg, with a turnover of 432 lots.

The metal for delivery in November also rose by 30 paise, or 0.22 per cent, to trade at Rs 135.20 per kg, in a business turnover of 206 lots.

Marketmen said besides strong domestic demand from battery-makers, a firm trend in select base metals at the London Metal Exchange influenced lead prices at futures trade here. (PTI)