Nickel prospects up on rising interest

Posted Wednesday 08th August 2018 11:15:11 AM by Sourav

Nickel prospects were exchanging higher amid the night exchange the local market on Tuesday as theorists expanded their positions, taking positive signals from spot showcase on taking off request.

Experts stated, broadening of positions by dealers on the back of rising interest from composite creators at residential spot markets and a firm pattern abroad kept nickel costs higher in fates exchange.

At the MCX, nickel prospects for August 2018 contract is exchanging at Rs 953.50 for every kg, up by 1.30 for every penny, subsequent to opening at Rs 940, against a past close of Rs 941.30. It contacted the intra-day high of Rs 954.40.
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