Besides, muted demand from alloy-makers at the domestic spot markets weighed on metal prices in futures trade. At the MCX, nickel futures for May 2018 contract is trading at Rs 992.40 per kg, down by 1.23 per cent, after opening at Rs 1001.20, against a previous close of Rs 1004.80. It touched the intra-day low of Rs 988.30.
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