Lead futures prices gained 0.86% to Rs 105.65 per kg today, supported by a firming trend in overseas markets amid rising spot demand.
At the Multi Commodity Exchange, lead for August delivery gained 90 paise, or 0.86%, to Rs 105.65 per kg, with a business turnover of 2,215 lots. The metal for September delivery also edged up by 65 paise, or 0.62%, to Rs 105.95 per kg, with a trading volume of 144 lots.
Analysts said a firming trend in other base metals on the London Metal Exchange and a pick-up in demand from battery makers and other consuming industries in the domestic market led to the rise in lead futures prices.
Meanwhile, lead in overseas markets rose by 1.4% to $2,291.50 a tonne.
