NEW DELHI, Oct 7: Nickel futures rose 0.39 per cent to Rs 1,037.60 per kg today after speculators enlarged their positions amid a firming trend overseas.
At the Multi Commodity Exchange, nickel for delivery in December rose by Rs 7, or 0.39 per cent, to Rs 1,037.60 per kg in a business turnover of just one lot.
Analysts said besides rising spot demand, a firming trend in the base metals pack at the London Metal Exchange (LME), helped nickel futures to trade higher.
Globally, nickel for delivery in three months gained as much as USD 135, or 0.80 per cent, to USD 16,835 a tonne. (PTI)
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