Nickel futures slide on tepid demand

New Delhi, Jun 24 (PTI) Nickel prices fell 0.22 per cent to Rs 959.40 per kg in futures trade on Wednesday as participants offloaded their positions amid weak demand in spot market.

On the Multi Commodity Exchange, nickel contracts for June delivery traded lower by Rs 2.10, or 0.22 per cent, at Rs 959.40 per kg with a business turnover of 520 lots.

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