Lead futures traded a shade higher by 0.20% in futures trade today, supported by gains at the London Metal Exchange and pick-up in spot demand.
At the Multi Commodity Exchange, lead for delivery in August moved up 35 paise, or 0.20%, to Rs 119.65 per kg, with a business turnover of 185 lots.
The July contract gained 15 paise, or 0.13%, to Rs 118.45 per kg, with a turnover of 808 lots.
Market analysts said besides firmness in lead at the London Metal Exchange, pick-up in spot demand from battery-makers mainly pushed up lead futures prices here.
Meanwhile, at the LME lead futures traded 0.40% higher at $2,700 per tonne.
