 "Lead gains by 0.4% on firm spot demand")
Taking positive cues from the global market and rising demand at domestic spot markets, lead futures prices today rose 0.36% to Rs 111.70 per kg as speculators enlarged positions.
At Multi Commodity Exchange, lead for delivery in September traded 40 paise, or 0.36%, higher at Rs 111.70 per kg, with a turnover of 335 lots.
Marketmen said the rise in lead futures was mostly supported by rising demand from battery-makers in the domestic spot markets and firming trend in industrial metals at the London Metal Exchange.
At Multi Commodity Exchange, lead for delivery in September traded 40 paise, or 0.36%, higher at Rs 111.70 per kg, with a turnover of 335 lots.
Marketmen said the rise in lead futures was mostly supported by rising demand from battery-makers in the domestic spot markets and firming trend in industrial metals at the London Metal Exchange.