Lead futures little changed on rising demand

Lead futures were little changed during the morning trade in the domestic market on Thursday as investors and speculators started building up fresh positions in the industrial metal amidst an increase in physical demand for lead, from battery-makers, in the domestic spot market.

 

Further, rise in physical demand from battery-makers in the domestic spot market, supported prices of lead at futures trade. At the MCX, lead futures for November 2016 contract is trading at Rs 137.65 per kg, up by 0.04 per cent, after opening at Rs 137.60, against a previous close of Rs 137.60. It touched the intra-day high of Rs 137.70 (at 10:59 hours).


For news on Indian Stock Market Tips,Mcx Commodity Trading Tips please visit us at http://ripplesadvisory.com or call at 9303093093.

You May Also Like

0 comments

Note: only a member of this blog may post a comment.