 "Lead up 0.6% on firm spot demand")
Lead futures rose 0.59% to Rs 126.85 per kg today on strong spot demand amid a firming trend overseas.
At the Multi Commodity Exchange, lead for delivery in November traded higher by 75 paise, or 0.59%, to Rs 126.85 per kg, with a turnover of 265 lots.
The metal for delivery in December rose 70 paise, or 0.55%, to Rs 127.75 per kg in a turnover of 11 lots.
Traders said besides good demand from battery makers, a firming trend in the metal at the London Metal Exchange (LME) after China's unexpected cut in interest rates, spurred lead futures.
At the Multi Commodity Exchange, lead for delivery in November traded higher by 75 paise, or 0.59%, to Rs 126.85 per kg, with a turnover of 265 lots.
The metal for delivery in December rose 70 paise, or 0.55%, to Rs 127.75 per kg in a turnover of 11 lots.
Traders said besides good demand from battery makers, a firming trend in the metal at the London Metal Exchange (LME) after China's unexpected cut in interest rates, spurred lead futures.