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Nickel rises 0.23% on spot demand

Pick-up in demand from alloy-makers spported the trade

Press Trust of India New Delhi
Nickel futures for February rose by Rs 2.20, or 0.23% to Rs 976.30 per kg in 7,612 lots.

At the Multi Commodity Exchange (MCX), the March contract traded higher by Rs 1.80, or 0.18% to Rs 981.50 per kg in 691 lots.

Speculators enlarging positions, tracking a firm spot market trend on pick up in demand from alloy-makers, spported the trade.

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First Published: Feb 07 2013 | 2:20 PM IST

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