Lead futures traded 0.59% higher at Rs 110.40 per kg as speculators created fresh positions, tracking firming trend in base metals overseas.
Besides, rising demand from battery-makers at the spot market supported the upside.
At Multi Commodity Exchange, lead for delivery in current month was up 65 paise, or 0.59%, to Rs 110.40 per kg in a business turnover of 840 lots.
Marketmen said a weakening dollar and rising demand at domestic spot markets from battery-makers influenced lead prices in futures trade.
Besides, rising demand from battery-makers at the spot market supported the upside.
At Multi Commodity Exchange, lead for delivery in current month was up 65 paise, or 0.59%, to Rs 110.40 per kg in a business turnover of 840 lots.
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Lead for delivery in August was trading 55 paise, or 0.50% higher at Rs 111.50 per kg in 55 lots.
Marketmen said a weakening dollar and rising demand at domestic spot markets from battery-makers influenced lead prices in futures trade.