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Thursday, April 23, 2015

Nickel futures down on overseas trends, subdued demand



Nickel futures traded a shade lower today amid a weakening trend at the London Metal Exchange (LME) and sluggish demand from alloy-makers in the domestic spot market.

At the Multi Commodity Exchange, nickel for delivery in current month shed 60 paise, or 0.08 per cent, to Rs 796.50 per kg in a business turnover of 379 lots.

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