On the Multi Commodity Exchange, nickel contracts for February delivery gained Rs 2.60, or 0.27 per cent, to Rs 959.70 per kg in a business turnover of 2,903 lots.
Similarly, the metal for March delivery traded higher by Rs 4.20, or 0.44 per cent, at Rs 960.20 per kg in a business turnover of 25 lots.
Rising demand in spot market from alloy-makers mainly supported price rise in nickel futures, analysts said. VHP SHWSHW