Lead traded marginally higher by 0.49% to Rs 111.75 per kg in futures market after participants enlarged positions in line with firm spot market trend.
Demand from the spot market increased as battery makers started picking up the metal.
However, weakness in the entire base metals pack at the London Metal Exchange, restricted the gains. Base metals at the LME shed gains after Standard & Poor's downgraded Spain by two notches from A to BBB+ on grounds of their increasing debt-crisis.
At the MCX, lead for delivery in May traded higher by 55 paise, or 0.49%, to Rs 111.75 per kg, with a business turnover of 694 lots.
The April contract edged up by 55 paise, or 0.41%, to Rs 111.15 per kg in 1,940 lots.
Three-month lead dropped 0.30% to $2,115 per tonne on the London Metal Exchange.
