Thursday 5 September 2019

Lead futures up 0.35% on upbeat demand

Lead futures were trading higher during the afternoon trade in the domestic market on Thursday as participants built up fresh positions, driven by pick-up in demand at the spot market. Market analysts said fresh positions created by traders due to upsurge in demand by battery-makers mainly helped lead prices to trade higher. 
 
At the MCX, lead futures for August 2019 contract is trading at Rs 156.55 per kg, up by 0.35 per cent, after opening at Rs 155.55, against a previous close of Rs 156.00. It touched the intra-day high of Rs 156.75.

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