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05-Dec2017

Nickel futures slip on MCX

Nickel futures slipped on MCX, on subdued demand from consuming industries at the domestic spot market and as investors locked in their current profits amid weak domestic equity market and global cues.

The contract for December delivery was trading at Rs 718.80, down by 1.83% or Rs 13.40 from its previous closing of Rs 732.20. The open interest of the contract stood at 22509 lots.

The contract for January delivery was trading at Rs 724.80, lost by 1.60% or Rs 11.80 from its previous closing of Rs 736.60. The open interest of the contract stood at 344 lots on MCX.


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