Supported by pick up demand at domestic market, lead futures trades higher by 0.17 pct

Supported by pick up in demand at the domestic spot markets, lead futures traded higher by 0.17 per cent higher at Rs 147.65 per kg on Friday as speculators enlarged positions.

At the Multi Commodity Exchange, lead for delivery in October traded higher by 25 paise, or 0.17 per cent, to Rs

147.65 per kg, in a business turnover of 482 lots.

Market analysts said raising of bets by participants following strong demand from battery-makers in the spot market, mainly influenced lead futures.