At the Multi Commodity Exchange, nickel for delivery in current month fell by Rs 2.50, or 0.28 percent, to Rs 886.50 per kg in a business turnover of 2,815 lots.
PTI
@moneycontrolcom
Nickel prices were lower by 0.28 percent to Rs 886.50 per kg in futures trade Monday as speculators cut down their bets amid weak global cues.
At the Multi Commodity Exchange, nickel for delivery in current month fell by Rs 2.50, or 0.28 percent, to Rs 886.50 per kg in a business turnover of 2,815 lots.
Market analysts said trimming of positions by participants following a weak trend in base metals in global markets after weak US manufacturing data, led to the fall in nickel prices at futures trade here.
First Published on Mar 18, 2019 11:35 am
