Nickel futures prices today rose by 0.29 per cent to Rs 935.40 per kg, after speculators enlarged their positions amid a firming trend overseas.
At the Multi Commodity Exchange, nickel for delivery in
January rose by Rs 2.70, or 0.29 per cent, to Rs 935.40 per kg in business turnover of 2,382 lots.
Similarly, the metal for delivery in February traded
higher by Rs 2.60, or 0.28 per cent, to Rs 943.10 per kg in
275 lots.Market analysts said besides rising spot demand, a firmingtrend at the London Metal Exchange as European finance ministers approved the next disbursement of aid for Greece,raising demand outlook for base metals, helped nickel futures to trade higher.