At the Multi Commodity Exchange, nickel for delivery in current month rose by Rs 7.20, or 0.93 per cent, to Rs 781 per kg, in a business turnover of 1,575 lots.
Likewise, the metal for delivery in October too traded higher by Rs 6.40, or 0.82 per cent, to Rs 784.80 per kg in 28 lots.
Analysts said traders enlarged position on the back of pick up in demand from alloy-makers in the domestic spot market and a better trend in base metals in global markets, which influenced nickel prices to trade higher at futures trade.
Globally, at the London Metal Exchange (LME), nickel advanced as much as 2.9 per cent to USD 12,380 a metric tonne, its highest since June 2015.
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