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Lead futures today rose by 1.29% to Rs 137.15 per kg as speculators created positions, triggered by rising demand at domestic spot markets amid a firming trend overseas.
At the Multi Commodity Exchange, lead for delivery in September traded Rs 1.75, or 1.29%, higher at Rs 137.15 per kg, with a turnover of 462 lots.
The metal for delivery in October also rose by Rs 1.55, or 1.14%, to trade at Rs 137.90 per kg, in a business turnover of 25 lots.
Marketmen said besides strong domestic demand from battery-makers, a firming trend overseas on easing concerns over Syria and upbeat Chinese economic data, mainly influenced lead futures here.
