 "Nickel up 0.4% on overseas cues")
Nickel futures for April gained Rs 3.970, or 0.44%, to Rs 885.20 per kg in 594 lots.
At the Multi Commodity Exchange (MCX), th May contract rose by Rs 3.60, or 0.40%, to Rs 893.90 per kg in 42 lots.
Prices moved up after speculators enlarged their position amid increased spot market demand from alloy-makers.
Besides, firming trend in the base metals pack at the London Metal Exchange (LME) also supported the upside.
At the Multi Commodity Exchange (MCX), th May contract rose by Rs 3.60, or 0.40%, to Rs 893.90 per kg in 42 lots.
Prices moved up after speculators enlarged their position amid increased spot market demand from alloy-makers.
Besides, firming trend in the base metals pack at the London Metal Exchange (LME) also supported the upside.