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Lead futures advanced during the morning trade

Lead futures advanced during the morning trade in the domestic market on Friday as investors and speculators raised their bets in the industrial metal amid surge in physical demand for lead, from battery-makers, in the domestic spot market. At the MCX, Lead futures for July 2016 contract is trading at Rs 124.50 per kg, up by 0.12 per cent, after opening at Rs 124.40, against a previous close of Rs 124.35. It touched the intra-day high of Rs 124.70 (at 11:27 hours).

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