 "Lead down by 0.4% on global trend")
Tracking a weak trend overseas and sluggish domestic demand, lead fell 0.44% to Rs 111.90 per kg in futures trade today after participants reduced their bets.
At the Multi Commodity Exchange, lead for delivery in November shed 50 paise, or 0.44%, to Rs 111.90 per kg, in a business turnover of 249 lots.
Similarly, metal for delivery in October fell 40 paise, or 0.36%, to Rs 110.85 per kg, in a turnover of 248 lots.
Analysts said, besides subdued demand from battery-makers at the domestic spot market, a weak trend in base metals at the London Metal Exchange after the US Federal Reserve hinted at a rate hike in December, boosted the dollar and reduced appeal of commodities, put pressure on lead futures prices here.
