 "Lead tads higher on spot demand")
Buoyed by a firm global trend and better domestic demand, lead futures traded higher by 0.40% to Rs 123.50 per kg today on buying by speculators.
At the Multi Commodity Exchange (MCX), the May contract traded higher by 50 paise, or 0.40%, to Rs 123.50 per kg in 3,652 lots.
The June contract edged up by 10 paise, or 0.08%, to Rs 123 per kg in 2,764 lots.
Meanwhile, lead advanced 2.2% to $2,172 a tonne on the London Metal Exchange (LME).
At the Multi Commodity Exchange (MCX), the May contract traded higher by 50 paise, or 0.40%, to Rs 123.50 per kg in 3,652 lots.
The June contract edged up by 10 paise, or 0.08%, to Rs 123 per kg in 2,764 lots.
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Market analysts said besides better demand in spot market, firm global trend in base metals mainly helped lead prices to trade marginally higher at futures trade.
Meanwhile, lead advanced 2.2% to $2,172 a tonne on the London Metal Exchange (LME).