Base Metals & Energy
DAILY BUZZ
LEAD
Lead prices fell by 0.26 per
cent to Rs 132.55 per kg in futures trading today as speculators
reduced positions due to decline in demand from battery-makers in the
spot market.
At the Multi Commodity
exchange, lead for delivery in August contracts traded lower by 35
paise, or 0.26 per cent to Rs 132.55 per kg in business turnover of
one lot.
Likewise, the metal for
delivery in July contracts shed 30 paise, or 0.23 per cent to Rs
131.40 per kg in 176 lots.
CRUDE OIL
Crude oil prices rose by
0.56 per cent to Rs 6,256 per barrel today after participants
indulged in creating speculative positions, tracking a firming trend
in Asia.
At the Multi Commodity
Exchange, crude oil for delivery in July traded Rs 35, or 0.56 per
cent higher at Rs 6,256 per barrel, with a business turnover of 1,128
lots.
The oil for August also
moved up by Rs 25, or 0.40 per cent, to Rs 6,205 per barrel, with a
business volume of 154 lots.
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The FIIs were net buyers of Rs 192cr in the cash segment on Friday while the DIIs were net sellers of Rs. 283cr, as per the provisional figures released by the NSE.
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