Nickel futures slide on tepid demand

New Delhi, May 15 (PTI) Nickel prices on Friday fell 0.23 per cent to Rs 912.50 per kg in futures trade after participants offloaded their positions amid weak demand in spot market.

On the Multi Commodity Exchange, nickel contracts for May delivery traded down by Rs 2.10, or 0.23 per cent, to Rs 912.50 per kg with a business turnover of 1,527 lots.

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