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Nickel futures rise on pick-up in demand

05-Mar-2021 16:27 Hrs IST

Nickel futures rose on MCX as traders enlarged positions amid pick-up in spot demand from alloy makers in physical markets.The contract for March delivery was trading at Rs 1185.30, up by 1.93% or Rs 22.40 from its previous closing of Rs 1162.90. The open interest of the contract stood at 2224 lots.The contract for April delivery was trading at Rs 1191.60, up by 1.85% or Rs 21.70 from its previous closing of Rs 1169.90. The open interest of the contract stood at 161 lots on MCX.

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