Nickel, select copper and zinc gained at the non-ferrous metal market here today on stockist buying amidst good demand from industrial users.
While, copper scrap heavy, copper sheet cutting and brass utensils scrap eased on lower offtake from consumer industries.
Globally, the industrial metal copper touched its highest level in a fortnight in early trade in the afterglow of improving economic signals from the United States, although news that Japan fell into a surprise recession added a note of caution.
Nickel rose by Rs 5 per kg to Rs 1,105 from last Saturday's closing level of Rs 1,100.
Copper cable scrap, copper wire bar and brass sheet cutting moved up by Rs 2 per kg each to Rs 483, Rs 511 and Rs 340 as against Rs 481, Rs 509 and Rs 338 previously.
Copper utensils scrap and zinc inched up by a Re per kg each to Rs 432 and Rs 185.
However, copper sheet cutting edged down by Rs 2 per kg to Rs 452 from Rs 454 last weekend.
Copper scrap heavy and brass utensils scrap softened by a Re per kg to Rs 474 amd Rs 328 respectively.
