Lead higher in futures trade on global cues

NEW DELHI, July 17: Taking positive cues from global markets, lead prices were marginally up 0.13 per cent to Rs 117.30 per kg in futures trade today.

Besides, rising demand from battery-makers at the spot market supported the upside.

At Multi Commodity Exchange, lead for delivery in August was up 15 paise, or 0.13 per cent, to Rs 117.30 per kg in a a business turnover of 23 lots.

Metal for delivery this month was trading higher by 10 paise, or 0.09 per cent at Rs 116.10 per kg.

Marketmen said a firming trend overseas coupled with rising demand from battery-makers at the domestic market influenced lead prices at futures trade. (PTI)