New Delhi, Jan 5 (PTI) Nickel futures on Wednesday declined Rs 18.20 to Rs 1,568.20 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 18.20, or 1.15 per cent, to Rs 1,568.20 per kg with a business turnover of 2,032 lots.
Analysts said subdued demand in the spot market mainly led to the fall in nickel futures prices. PTI RUJ HRS hrs
