Lead futures up on spot demand, overseas cues

NEW DELHI, Mar 27: Lead futures gained 0.16 per cent to Rs 122.95 per kg today on rising demand in spot markets and positive cues from global markets.
At the Multi Commodity Exchange, lead for delivery in March traded higher by 20 paise, or 0.40 per cent, at Rs 122.95 per kg, with a turnover of 129 lots.
The metal for delivery in April also rose by 15 paise, or 0.12 per cent, to trade at Rs 124.50 per kg, in a business turnover of six lots.
Analysts said besides strong domestic demand from battery-makers, a firm trend in base metals at the London Metal Exchange influenced lead prices at futures trade here. (AGENCIES)