 "Nickel down 0.3% on subdued demand")
Nickel futures for May gained Rs 2.70, or 0.34%, to Rs 791.80 per kg in 6,800 lots.
At the Multi Commodity Exchange (MCX), the June contract rose by Rs 2.10, or 0.26%, to Rs 798.80 per kg in 459 lots.
Prices moved down as speculators reduced their position amid subdued spot demand even as metal strengthened overseas.
Firming trend overseas limited the fall.
Globally, Nickel traded a shade higher at $14,839 per tonne.
At the Multi Commodity Exchange (MCX), the June contract rose by Rs 2.10, or 0.26%, to Rs 798.80 per kg in 459 lots.
Prices moved down as speculators reduced their position amid subdued spot demand even as metal strengthened overseas.
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Weak demand from alloy-makers mainly put pressure on the nickel futures trade.
Firming trend overseas limited the fall.
Globally, Nickel traded a shade higher at $14,839 per tonne.