Lead futures gain on spot demand

New Delhi, Nov 28 (PTI) Lead prices on Thursday traded higher by 20 paise to Rs 153.60 per kg in futures trade as participants built up fresh positions driven by pick-up in demand in spot market.

On the Multi Commodity Exchange, lead for delivery in December edged higher by 20 paise, or 0.13 per cent, to Rs 153.60 per kg in a business volume of 1,380 lots.

Market analysts said fresh positions created by traders due to upsurge in demand by battery-makers in physical market mainly helped lead prices to trade higher. PTI SHW RUJ RUJ