Nickel futures slide on tepid demand

New Delhi, Mar 17 (PTI) Nickel prices fell 0.05 per cent to Rs 1,162.90 per kg in futures trade on Wednesday after participants offloaded their positions amid weak demand in spot market.

On the Multi Commodity Exchange, nickel contracts for March delivery traded lower by 60 paise, or 0.05 per cent, to Rs 1,162.90 per kg with a business turnover of 2,128 lots.

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