At the MCX, nickel for delivery in March gained Rs 14.70, or 1.64 percent, to Rs 912.60 per kg in a business turnover of 9,150 lots.
PTI
@moneycontrolcom
Nickel prices rose 1.64 percent in futures trade on March 12 as speculators raised their bets amid a firming trend overseas and spot demand.
At the Multi Commodity Exchange, nickel for delivery in March gained Rs 14.70, or 1.64 percent, to Rs 912.60 per kg in a business turnover of 9,150 lots.
Apart from increased domestic demand from alloy-makers, firmness in base metals overseas influenced nickel prices at futures trade, analysts said.First Published on Mar 12, 2019 03:13 pm