Nickel futures edged higher on MCX as participants built up fresh positions amid pickup in demand from alloy-makers and other consuming industries in the spot market. The contract for July delivery was trading at Rs 617.90, up by 0.87% or Rs 5.30 from its previous closing of Rs 612.60. The open interest of the contract stood at 27379 lots.

The contract for August delivery was trading at Rs 622.90, up by 0.89% or Rs 5.50 from its previous closing of Rs 617.40. The open interest of the contract stood at 2877 lots on MCX.

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