Nickel futures in reverse gear : 17 April 2017


Nickel futures were trading lower during evening trade in the domestic market on Monday as investors and speculators exited their positions in the industrial metal on subdued physical demand from alloy industries.
However, upbeat China trade data for March, restricted further slide in nickel prices at futures trade.
At the MCX, nickel futures for April 2017 contract is trading at Rs 624.80 per kg, down by 0.30 per cent, after opening at Rs 626, against a previous close of Rs 626.70. It touched the intra-day low of Rs 621.80 
Nickel futures in reverse gear : 17 April 2017 Nickel futures in reverse gear : 17 April 2017 Reviewed by Money99 on 17:48:00 Rating: 5

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