 "Lead up 0.4% on strong spot demand")
Lead futures for March traded 50 paise, or 0.41% higher, at Rs 121 per kg in 5,631 lots.
At the Multi Commodity Exchange (MCX), the April contract also rose by 45 paise, or 0.37%, to trade at Rs 121.65 per kg in 316 lots.
Rising spot demand helped the Lead futures trade to gain.
Signs of strength in Chinese auto sales triggered firm trend in the base metals at the London Metal Exchange (LME).
Progress in the US labour market brightened the outlook for lead demand globally.
On the London Metal Exchange (LME), lead gained 1.7% to $2,234 a tonne.
At the Multi Commodity Exchange (MCX), the April contract also rose by 45 paise, or 0.37%, to trade at Rs 121.65 per kg in 316 lots.
Rising spot demand helped the Lead futures trade to gain.
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Strong domestic demand from battery-makers also had a positive impact.
Signs of strength in Chinese auto sales triggered firm trend in the base metals at the London Metal Exchange (LME).
Progress in the US labour market brightened the outlook for lead demand globally.
On the London Metal Exchange (LME), lead gained 1.7% to $2,234 a tonne.