MUMBAI (Commodity Online): Nickel futures feel in India tracking weak global cues amid sluggish demand from the spot markets.
At MCX Nickel August contract is trading at Rs.1003.90 per Kg, lower by 0.64% against the previous close.
In the early sessions the contract traded at a range of Rs. 1000.50-1010 per Kg and open interest of the contract is 2394 lots and volume traded is 15358 Kg.
Market analysts said sluggish demand from alloy-makers in the spot market mainly led to fall in Nickel prices in futures.