 "Lead strengthens on global cues")
Lead futures rose 0.34% to Rs 134.20 per kg as participants enlarged positions on rising spot demand at domestic markets amid a firming trend overseas.
At the Multi Commodity Exchange, lead for delivery in August traded higher by 45 paise, or 0.34%, to Rs 134.20 per kg, with a turnover of 84 lots.
The metal for delivery in September also rose by 35 paise, or 0.26%, to trade at Rs 135 per kg, in a business turnover of three lots.
Marketmen said better domestic demand, particularly from battery-makers and a firming trend in the base metals pack at the London Metal Exchange, led to rise in lead prices at futures trade here.
At the Multi Commodity Exchange, lead for delivery in August traded higher by 45 paise, or 0.34%, to Rs 134.20 per kg, with a turnover of 84 lots.
The metal for delivery in September also rose by 35 paise, or 0.26%, to trade at Rs 135 per kg, in a business turnover of three lots.
Marketmen said better domestic demand, particularly from battery-makers and a firming trend in the base metals pack at the London Metal Exchange, led to rise in lead prices at futures trade here.