Lead futures up on spot demand, overseas cues

NEW DELHI, Sept 3:  Lead futures gained 0.48 per cent to Rs 115.35 per kg today on rising demand in spot markets and positive cues from global markets.
At the Multi Commodity Exchange, lead for delivery in October month traded higher by 55 paise, or 0.48 per cent, at Rs 115.35 per kg, with a turnover of four lots.
The metal for delivery in current month contract also rose by 50 paise, or 0.44 per cent, to trade at Rs 114.30 per kg, in a business turnover of 322 lots.
Market 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. (PTI)

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