Nickel futures are witnessing downward trend at the MCX today. The most actively trading, the Nickel March contract is trading down 1.58% at Rs 497 per kg (1.40 p.m., Tuesday). It opened at Rs 506.90 as against its earlier close of Rs 505.
Nickel April contract is trading lower by 1.41% at Rs 504 per kg (with an open interest of 636) after opening at Rs 514.30. It tossed in the range of Rs 514.50-499.40 in today`s session.
Similarly, Nickel May contract is trading down 2.30% at Rs 510 per kg as compared to its earlier close of Rs 522.
