Nickel prices on Wednesday moved up by Rs 1.90 to Rs 1,065.50 per kg in futures trade as speculators enlarged their positions driven by firm demand from alloy-makers in spot market.
On the Multi Commodity Exchange, nickel contracts for December delivery gained Rs 1.90, or 0.18 per cent, to Rs 1,065.50 per kg in a business turnover of 1,567 lots.
Similarly, the metal for delivery in January traded up by Rs 1.30 at Rs 1,063.50 per kg in a business turnover of 9 lots.