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21-Jul2017

Nickel futures edge higher on rising demand

Nickel futures edged higher on MCX as participants enlarged their holdings amid rising demand from alloy-makers and other consuming industries in the domestic spot market.

The contract for July delivery was trading at Rs 610.80, up by 0.07% or Rs 0.40 from its previous closing of Rs 610.40. The open interest of the contract stood at 23193 lots.

The contract for August delivery was trading at Rs 615.70, up by 0.07% or Rs 0.40 from its previous closing of Rs 615.30. The open interest of the contract stood at 4934 lots on MCX.


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