Lead Futures Up on Strong Global Cues

The Economic Times reported that lead futures gained 0.26 percent to reach Rs 116.50 per kg  on hints of stimulus measures from China and the US.

As quoted in the market news:

At the Multi Commodity Exchange, lead for delivery in September traded 30 paise, or 0.26 per cent, higher at Rs 116.50 per kg, with a turnover of 1,958 lots.

The metal for delivery in October rose by a similar margin to trade at Rs 117 per kg, with a turnover of 210 lots.

Globally, lead traded 0.95 per cent higher at USD 2,115 per tonne at the London Metal Exchange.

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