Nickel futures slide on tepid demand

New Delhi, April 16 (PTI) Nickel prices fell 0.01 per cent to Rs 1,238 per kg in futures trade on Friday after participants offloaded their positions amid weak demand in the spot market.

On the Multi Commodity Exchange, nickel contracts for April delivery traded lower by 10 paise, or 0.01 per cent, to Rs 1,238 per kg with a business turnover of 1,545 lots.

Analysts said subdued demand in the spot market mainly led to the fall in nickel futures prices. PTI AST SHW SHW