 "Lead rises by 0.5% on spot demand")
Lead futures were up by 0.53% at Rs 114.30 per kg on rising spot demand in domestic markets amid a firming trend overseas.
At the Multi Commodity Exchange, lead for delivery in current month traded higher by 60 paise, or 0.53%, at Rs 114.30 per kg, with a turnover of 280 lots.
The metal for delivery in March also rose by 45 paise, or 0.39%, to trade at Rs 115.30 per kg, in a business turnover of four lots.
Marketmen said apart from strong domestic demand, particularly from battery-makers, the metal's strength at the London Metal Exchange, influenced lead prices at futures trade here.
At the Multi Commodity Exchange, lead for delivery in current month traded higher by 60 paise, or 0.53%, at Rs 114.30 per kg, with a turnover of 280 lots.
The metal for delivery in March also rose by 45 paise, or 0.39%, to trade at Rs 115.30 per kg, in a business turnover of four lots.
Marketmen said apart from strong domestic demand, particularly from battery-makers, the metal's strength at the London Metal Exchange, influenced lead prices at futures trade here.