At the Multi Commodity Exchange, nickel for delivery this month moved up by Rs 5.40, or 0.80 per cent, to Rs 683 per kg, in a business turnover of 948 lots.
Also, the metal for delivery in November gained Rs 5, or 0.73 per cent, to Rs 688.50 per kg in 73 lots.
Marketmen said besides pick-up in domestic demand from alloy-makers, a firm trend in the base metals pack at the London Metal Exchange (LME) after European manufacturing data added to evidence of a pickup in the region's economy, boosting the demand outlook for metals with industrial uses, led to the rise in nickel prices at futures trade.