Nickel futures plunged during noon trade in the domestic market on Thursday as investors and speculators exit positions in the industrial metal amid weak physical demand for nickel, from alloy-makers, in the domestic spot market.Read more Live Equity market tips,free day trails,stock Market News at: http://ripplesadvisory.com/free-trial.php or Get Free Trials Just Give One Missed Call .@98-27-80-80-90.

Further, a sharp drop in Chinese exports, which fell by 10 per cent on the year in September 2016 signaled worsening outlook in the economy of the world’s biggest metal consuming nation.

At the MCX, nickel futures for October 2016 contract is trading at Rs 696.7 per kg, down by 1.4 per cent, after opening at Rs 702.20, against a previous close of Rs 706.60. It touched the intra-day low of Rs 692.5.