Lead Futures Slip On Profit-Booking

Lead futures were trading lower during the noon trade in the domestic market on Friday after participants reduced their exposure to book profits. Market analysts said apart from slack demand from battery-makers, profit-booking by participants at existing levels, led to the fall in lead futures prices here.

At the MCX, lead futures for October 2018 contract is trading at Rs 146.60 per kg, down by 0.10 per cent, after opening at Rs 146.35, against a previous close of Rs 146.75. It touched the intra-day low of Rs 146.20 (at 12: 10 hours).

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