Lead futures were little changed during the morning trade in the domestic market on Thursday as investors and speculators remained on the sidelines in the industrial metal due to sluggish physical demand for lead, from battery-makers, in the domestic spot market.
Further, a decline in demand from battery-makers in the domestic spot market, influenced prices of lead at the domestic spot markets. At the MCX, lead futures for September 2016 contract is trading at Rs 127.60 per kg, down by 0.04 per cent, after opening at Rs 127.40, against a previous close of Rs 127.65. It touched the intra-day low of Rs 127.40 (at 10:56 hours).
MCX commodity is the best option to enhance their return for the traders who are having high risk bearing capacity. Join Epic Research to get best MCX tips to get high return on investment.
ReplyDelete