New Delhi, Dec 30 (PTI) Nickel futures on Thursday declined Rs 5.70 to Rs 1,556.30 per kg due to reducing of positions by investors amid sluggish demand in the spot market.
On the Multi Commodity Exchange, nickel contracts for the January delivery fell Rs 5.70, or 0.36 per cent, to Rs 1,556.30 per kg with a business turnover of 2,040 lots.
Analysts said subdued demand in the spot market mainly led to the fall in nickel futures prices. PTI RUJ HRS hrs
