Little Changed On Overseas Cues- Nickel Futures

On Tuesday in the domestic market during evening trade Nickel futures were little changed, as in the industrial metal investors and the speculators remained on the sign of the growth in china and the United States.

Nickel prices were too influenced at future trade and the weakness in the greenback and also in steel markets.

For non US investors a weaker greenback makes dollar a cheap price. For June 2017 MCX the contract is traded at Rs.572.40 per kg and the percent rate is 0.05% and the previous close was Rs.572.10 and the intra day high at Rs.575.40.

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Suhani Verma

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