Lead up by 0.2% on global cues

Pick up in demand at the domestic spot market also helped prices

Amid positive global cues and pick up in demand at domestic spot market, lead prices traded higher by 0.24% to Rs 123.15 per kg in futures trade today.

At the Multi Commodity Exchange, lead for delivery in February inched up by 30 paise or 0.24% to Rs 123.15 per kg in a business turnover of 1,297 lots.

Similarly, the metal for delivery in March contracts edged up by 15 paise or 0.12% to Rs 123.50 per kg in 78 lots.

Analysts said besides increased demand from battery makers in the spot market, a firm trend in the base metals pack at the London Metal Exchange, influenced lead prices at the futures trade.