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Lead futures were trading higher during morning trade in the domestic market on Friday as participants raised their bets amid a firm trend at the domestic spot markets.
Analysts said increased demand from battery makers in the spot market, helped lead futures to trade higher.
At the MCX, lead futures for February 2017 contract is trading at Rs 156.80 per kg, up by 0.67 per cent, after opening at Rs 156.50, against a previous close of Rs 155.75. It touched the intra-day high of Rs 157.35 (at 10:46 hours).
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Lead futures were trading higher during morning trade in the domestic market on Friday as participants raised their bets amid a firm trend at the domestic spot markets.
Analysts said increased demand from battery makers in the spot market, helped lead futures to trade higher.
At the MCX, lead futures for February 2017 contract is trading at Rs 156.80 per kg, up by 0.67 per cent, after opening at Rs 156.50, against a previous close of Rs 155.75. It touched the intra-day high of Rs 157.35 (at 10:46 hours).
