NEW DELHI: Amid pick up in spot demand from alloy makers, nickel futures prices today rose by Rs 4.10 to Rs 885.60 per kg.
At the Multi Commodity Exchange, nickel for delivery in November rose by Rs 4.10, or 0.47 per cent to Rs 885.60 per kg in business turnover of 5,317 lots.
Similarly, the metal for delivery in December gained Rs 3.70, or 0.42 per cent, to Rs 893.90 per kg in 384 lots.
Market analysts attributed the rise in nickel futures to pick-up in demand from alloy-makers in the spot market.