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Nickel futures edge higher on rising demand
Mar-15-2019

Nickel futures edged higher on MCX as participants widened their holdings, driven by rising demand from alloy-makers and other consuming industries at the domestic spot market.

The contract for March delivery was trading at Rs 893.90, up by 0.29% or Rs 2.60 from its previous closing of Rs 891.30. The open interest of the contract stood at 8664 lots.

The contract for April delivery was trading at Rs 899.50, up by 0.31% or Rs 2.80 from its previous closing of Rs 896.70. The open interest of the contract stood at 471 lots on MCX.

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