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Lead futures gain 0.67% on global cues

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Press Trust of India New Delhi

Lead futures traded 0.67 per cent higher to Rs 113.35 per kg today, on firm cues from global markets amid pick up in spot market demand.

At the Multi Commodity Exchange counter, lead futures for December delivery rose by 75 paise or 0.67 per cent, to Rs 113.35 per kg, with a business turnover of four lots.

Lead futures for November contract delivery also gained 70 paise or 0.63 per cent to Rs 112.45 per kg, with a turnover of 13 lots.

Market analysts said firming trend in base metals overseas and rising demand at the domestic spot markets, mainly influenced lead futures prices here.

 

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First Published: Nov 09 2010 | 12:50 PM IST

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