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Lead futures up on positive global cues

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Press Trust of India New Delhi
Taking positive cues from global market and rising demand at spot markets, lead prices were up 0.30 per cent in futures trade today.

Lead for delivery in current month traded higher by 45 paise, or 0.30 per cent, at Rs 149.35 per kg, with a turnover of 478 lots in futures trading at the Multi Commodity Exchange.

Metal for delivery in December rose by a similar margin to trade at Rs 150.10 per kg, in a business turnover of 28 lots.

Analysts said strength in the base metals pack at the London Metal Exchange (LME) amid President-elect Donald Trump's plan for USD 1 trillion in US infrastructure investment has boosted sentiment around industrial materials, influenced lead prices at futures trade.

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First Published: Nov 15 2016 | 11:22 AM IST

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