Nickel futures were trading higher during the evening trade in the domestic market on Monday as investors and speculators extended their bets amid uptick in physical demand from alloy-makers at the domestic spot markets and a firm trend globally. Further, an upsurge in domestic demand from alloy-makers at the spot markets coupled with a firm trend in select base metals in global markets, supported the uptrend in nickel prices at futures trade.

At the MCX, nickel futures for September 2016 contract is trading at Rs 663.30 per kg, up by 1.80 per cent, after opening at Rs 653, against a previous close of Rs 651.60. It touched the intra-day high of Rs 664.30.For more Information Visit Us:- ripplesadvisory.com/free-trial.php and miss call -9827808090.