NEW DELHI, Feb 19: Nickel prices moved up by 0.39 per cent to Rs 902.60 per kg in futures market today as participated enlarged positions on strong domestic demand amid a mixed trend overseas.
At the Multi Commodity Exchange, nickel for delivery in February gained Rs 3.50, or 0.39 per cent, to Rs 902.60 per kg in business turnover of 485 lots.
In a similar fashion, the metal for delivery in March rose by Rs 3.40, or 0.38 per cent, to Rs 909.10 per kg in 64 lots.
Market analysts said apart from increased domestic demand from alloy-makers, a mixed trend in base metals at the London Metal Exchange also influenced nickel futures here. (AGENCIES)
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