Uptick In Demand Lifts Lead Futures By 0.43%


 
Lead futures were trading higher during morning trade in the domestic market on Friday as investors and speculators build up fresh bets in the industrial metal on rising physical demand for lead, from battery-makers, in the domestic spot market.

Further, a surge in physical demand from battery-makers in the domestic spot market, supported prices of lead at futures trade.

At the MCX, lead futures for April 2017 contract is trading at Rs 140.65 per kg, up by 0.43 per cent, after opening at Rs 140.30, against a previous close of Rs 140.05. It touched the intra-day high of Rs 140.80.
 
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Suhani Verma

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