Nickel prices rose by 0.30 per cent in futures trade on Tuesday as speculators raised their bets amid a firming trend overseas and spot Demand.

At the Multi Commodity Exchange, nickel for delivery in November gained Rs 21.40, or 0.30 per cent, to Rs 798.70 per kg in a business turnover of 367 lots.

Analysts said apart from increased domestic demand from alloy-makers, firmness in the base metals in overseas, influenced nickel prices at futures trade.

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