Uptick In Physical Demand Lifts Lead Futures By 0.26%

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 amid surge in physical demand for lead, from battery-makers, in the domestic spot market.

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

At the MCX, lead futures for June 2017 contract is trading at Rs 135.80 per kg, up by 0.26 per cent, after opening at Rs 135.70, against a previous close of Rs 135.45. It touched the intra-day high of Rs 135.90.

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Suhani Verma

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