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MCX Morning Wrap: Nickel futures spike impressively, break well above Rs 1500 per kg

05-Nov-2026 | 12:28
Base metals saw choppy action today though Nickel pushed higher sharply. MCX Copper futures are trading at Rs 1367 per kg, down 0.08% on the day with highs around Rs 1375 per kg mark capping the upside today. MCX Aluminium futures added 0.53% at Rs 330 per kg. MCX Zinc futures rose 0.55% to trade at Rs 417.30 per kg. MCX Lead futures slipped 0.08% to trade at Rs 194.80 per kg. MCX Nickel futures for Nov-26 saw an excellent surge and zoomed up 2.66% to trade at Rs 1539.70 per kg.

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