 "Lead up 0.3% on rising demand, global cues")
Lead futures were up 0.31% at Rs 130.35 per kg as participants enlarged position on rising spot demand at domestic markets amid a firming trend overseas.
At the Multi Commodity Exchange, lead for delivery in March traded 40 paise, or 0.31%, higher at Rs 130.35 per kg, with a turnover of 471 lots.
The metal for delivery in April also rose by 30 paise, or 0.23%, to trade at Rs 131.45 per kg, in a business turnover of 3 lots.
Marketmen said apart from strong domestic demand, particularly from battery-makers, a firming trend in select base metals at the London Metal Exchange, influenced lead prices at futures trade here.
At the Multi Commodity Exchange, lead for delivery in March traded 40 paise, or 0.31%, higher at Rs 130.35 per kg, with a turnover of 471 lots.
The metal for delivery in April also rose by 30 paise, or 0.23%, to trade at Rs 131.45 per kg, in a business turnover of 3 lots.
Marketmen said apart from strong domestic demand, particularly from battery-makers, a firming trend in select base metals at the London Metal Exchange, influenced lead prices at futures trade here.