Lead futures surge on rising demand
12/07/2019 12:43
Lead futures were trading higher during the noon trade in the domestic market on Friday as participants built up fresh positions, driven by pick-up in demand at the spot market.

Market analysts said fresh positions created by traders due to upsurge in demand by battery-makers mainly helped lead prices to trade higher.

At the MCX, lead futures for July 2019 contract is trading at Rs 157.00 per kg, up by 0.06 per cent, after opening at Rs 156.75, against a previous close of Rs 156.90. It touched the intra-day high of Rs 157.30 (at 12:45 hours).