Taking cues from firming global markets, nickel rose by Rs 12.40, or 1.36 per cent, to Rs 921 per kg in futures trade today.
Strong demand, particularly from alloy makers at physical markets also influenced the nickel prices at futures trade.
On the Multi Commodity Exchange counter, nickel for delivery in far-month September contract moved up by Rs 12.40, or 1.36 per cent, to Rs 921 per kg, with a turnover of 50 lots.
Similarly, the metal for delivery in July contract gained Rs 9.20, or 1.02 per cent, to Rs 911.30 per kg, clocking a turnover of 20,888 lots.
Analysts said apart from gains at the London Metal Exchange, increased demand from domestic alloy makers also influenced the nickel prices at futures market here.
Meanwhile, nickel traded 0.63 per cent higher at $19,120 a tonne at the London Metal Exchange.
