At the Multi Commodity Exchange, nickel for delivery in September moved up by Rs 6.70, or 0.95 per cent, to Rs 714 per kg, in a business turnover of 1,008 lots.
Similarly, the metal for delivery in October traded higher by Rs 6.50, or 0.91 per cent, to Rs 719.20 per kg, in a business turnover of 432 lots.
Analysts said apart from firm global cues, speculators enlarging positions on a firming trend at the domestic spot markets on better demand from consuming industries, mainly influenced nickel prices in futures trade.