Lead futures down on profit-booking

NEW DELHI, Feb 15: Lead prices eased by 0.27 per cent to Rs 129.50 per kg in futures trade today due to profit- booking by speculators at prevailing levels even as the metal rose in the overseas markets.
At the Multi Commodity Exchange, lead for delivery in February fell 35 paise, or 0.27 per cent, to Rs 129.50 per kg in business turnover of 812 lots.
Likewise, the metal for delivery in March shed 30 paise, or 0.23 per cent, to Rs 130.10 per kg in 98 lots.
Marketmen said the fall in lead futures prices was attributed to profit-booking by speculators but a better trend overseas, limited the losses. (PTI)