Lead prices went up by 1.14 per cent to Rs 150.90 per kg in futures market today as speculators enlarged positions amid pick up in demand at domestic spot market.
Besides, positive global cues supported the upside.
At the Multi Commodity Exchange, lead for delivery in August rose by Rs 1.70, or 1.14 per cent, to Rs 150.90 per kg in a business turnover of 231 lots.
Likewise, the metal for delivery in July was trading up by Rs 1.65, or 1.11 per cent, to Rs 149.90 per kg in 2,107 lots.
Analysts said increased demand from battery-makers in spot market and a firm trend in base metals overseas, influenced lead prices at futures trade here.
Disclaimer: No Business Standard Journalist was involved in creation of this content
