NEW DELHI, Sept 26: Buoyed by a firm global trend and better domestic demand, lead futures traded higher by 0.20 per cent to Rs 126.95 per kg today as speculators enlarged positions.
At the Multi Commodity Exchange, lead for delivery in the current month traded higher by 25 paise, or 0.20 per cent, to Rs 126.95 per kg in business turnover of 194 lots.
The metal for delivery in October was up by a similar margin to Rs 128.15 per kg in 29 lots.
Market analysts said besides better demand from battery-makers and other consuming industries in domestic spot market, firm global trend in base metals mainly helped lead prices to trade marginally higher in futures market. (PTI)
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