Nickel futures were trading higher during the morning trade in the domestic market on Thursday as speculators increased their exposure, tracking a rebound at the domestic spot market after return of risk-appetite. The rise in nickel prices was mostly in tune with a positive trend at the domestic spot markets led by rise in demand from alloy-makers, boosted uptrend in nickel futures.

At the MCX, nickel futures for July 2016 contract is trading at Rs 682.30 per kg, up by 0.21 per cent, after opening at Rs 680.60, against a previous close of Rs 680.90. It touched the intra-day high of Rs 682.30.

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