Nickel Futures Inches Up On Rise In Demand

Nickel futures were trading higher in the domestic market on Friday as speculators widened positions, tracking a firm trend at spot market due to rise in demand from consuming industries.

At the MCX, Nickel futures for May 2018 contract was trading at Rs 930.30 per kg, up by 0.36 per cent, after opening at Rs 934.00, against a previous close of Rs 927.00. It touched the intra-day high and low of Rs 936.00 and Rs 922.80, respectively.

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Suhani Verma

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