Nickel futures traded higher on MCX as participants enlarged their holdings, tracking rising demand from alloy-makers and other consuming industries in the domestic spot market. The contract for August delivery was trading at Rs 736.60, up by 1.00% or Rs 7.30 from its previous closing of Rs 729.30. The open interest of the contract stood at 7868 lots.

The contract for September delivery was trading at Rs 741.30, up by 1.04% or Rs 7.60 from its previous closing of Rs 733.70. The open interest of the contract stood at 4472 lots on MCX.

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