At the Multi Commodity Exchange, nickel for delivery in June rose by Rs 6.10, or 0.55 per cent, to Rs 1,119.60 per kg in a business turnover of 865 lots.
Likewise, the metal for delivery in May traded higher by Rs 5.90, or 0.53 per cent, to Rs 1,113.80 per kg in 12,435 lots.
Market analysts said fresh positions created by speculators in tandem with a firm global trend led to recovery in nickel prices at futures trade.