New Delhi, Dec 27 (PTI) Nickel futures on Monday declined by Rs 5.50 to Rs 1,542.30 per kg due to reducing of positions by investors amid sluggish demand in spot market.
On the Multi Commodity Exchange, nickel contracts for January delivery fell by Rs 5.50, or 0.36 per cent, to Rs 1,542.30 per kg with a business turnover of 1,641 lots.
Analysts said subdued demand in spot market mainly led to the fall in nickel futures prices. PTI RUJ ANU ANU
