NEW DELHI, Oct 10: Lead futures prices today gained 0.16 per cent, to Rs 128.35 per kg, supported by rising demand from battery-makers at the spot market and a firming trend in base metals at the London Metal Exchange.
At the Multi Commodity Exchange, lead prices for delivery in October traded 20 paise, or 0.16 per cent, higher at Rs 128.35 per kg, with a turnover of 776 lots.
The metal prices for delivery in November also rose by 20 paise, or 0.15 per cent, to Rs 129.45 per kg, having a turnover of 14 lots.
Analysts said besides strong domestic demand from battery-makers, recovery in the entire base metals at the London Metal Exchange on optimism that US lawmakers will reach a deal to raise the debt limit, easing concern that global growth will slow, also influenced lead prices at futures trade. (PTI)
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