Lead futures up on strong spot demand, overseas cues

NEW DELHI, Feb 21:  Lead futures were marginally up by 0.23 per cent at Rs 132.60 per kg on rising spot demand and positive cues from global markets.

At the Multi Commodity Exchange, lead for delivery in February traded higher by 30 paise, or 0.23 per cent, at Rs 132.60 per kg, with a turnover of 208 lots.

The metal for delivery in March also rose by a similar margin to trade at Rs 133.65 per kg in a turnover of two lots.

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