During the morning trade Lead futures were trading high in the domestic
market on Tuesday as investors & speculators indulged in building up of new
positions in the industrial metal amidst rise in physical demand for lead, from
battery-makers, in the domestic spot market.
Moreover, rise in physical demand from battery-makers in the domestic spot
market, supported prices of lead at futures trade. At the MCX, lead futures for
Nov. 2016 contract is trading at Rs 138.50 per kg, up by 1.06 %, after opening
at Rs 138.30, against a last close of Rs 137.05. It touched the intra-day higher
of Rs 138.60.
