 "Lead gains 0.44% on global cues, spot demand")
Lead futures prices today rose by 0.44 per cent to Rs 124.70 per kg as speculators enlarged positions mostly on the back of rising domestic spot demand from battery makers.
At the Multi Commodity Exchange, lead for delivery in May traded 55 paise, or 0.44 per cent, higher at Rs 124.70 per kg, with a turnover of 284 lots, while the June contract was up by 45 paise, or 0.36 per cent, to Rs 125.90 per kg in a turnover of five lots.
Marketmen said the rise in lead futures was mostly supported by rising demand from battery-makers in the spot markets.
At the Multi Commodity Exchange, lead for delivery in May traded 55 paise, or 0.44 per cent, higher at Rs 124.70 per kg, with a turnover of 284 lots, while the June contract was up by 45 paise, or 0.36 per cent, to Rs 125.90 per kg in a turnover of five lots.
Marketmen said the rise in lead futures was mostly supported by rising demand from battery-makers in the spot markets.