In futures trading at the Multi Commodity Exchange, nickel for delivery this month spurted Rs 4.10, or 0.51 per cent, to Rs 802.60 per kg, in a business turnover of 1,440 lots.
The metal for delivery in December too was trading higher by Rs 4, or 0.50 per cent, to Rs 807 per kg in 121 lots.
Analysts said the rise in nickel prices at futures trade was mostly attributed to strong demand from alloy-makers at the domestic spot markets and a firm trend in select base metals overseas after a report showed orders for business equipment advanced in the US, bolstering the outlook for the metals amid optimism that demand will accelerate.