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23-Oct2018

Nickel futures edge down on easing demand

Nickel futures edged down on MCX as speculators offloaded their holdings on the back of easing demand from alloy-makers and other consuming industries at the spot market.

The contract for October delivery was trading at Rs 914.30, down by 0.24% or Rs 2.20 from its previous closing of Rs 916.50. The open interest of the contract stood at 10828 lots.

The contract for November delivery was trading at Rs 921.10, down by 0.18% or Rs 1.70 from its previous closing of Rs 922.80. The open interest of the contract stood at 1033 lots on MCX.

 


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