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Lead up 0.7% on upbeat global cues

Rising demand also helped prices

Lead up 0.7% on upbeat global cues

Press Trust of India New Delhi
Taking positive cues from the global market and rising demand in the domestic spot market, lead futures prices today rose 0.75% to Rs 114.40 per kg as speculators built up positions.

Lead for delivery in October contracts edged higher by 85 paise, or 0.75%, to Rs 114.40 per kg, with a turnover of six lots while delivery in current month contracts was up 80 paise, or 0.71%, to Rs 113.35 per kg in a turnover of 493 lots.

Marketmen said the rise was mostly supported by rising demand from battery-makers in the domestic spot market and firming trend in industrial metals at the London Metal Exchange.

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First Published: Sep 09 2015 | 11:22 AM IST

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