At the Multi Commodity Exchange, nickel for delivery in current month moved up by Rs 2.30, or 0.36 per cent, to Rs 639.40 per kg in a business turnover of 466 lots.
Similarly, the metal for delivery in April traded higher by Rs 2, or 0.31 per cent, to Rs 646.20 per kg in a business turnover of 57 lots.
Analysts said speculators enlarged positions on a firming trend at the domestic spot markets on better demand from consuming industries, which mainly influenced nickel prices in futures trade.