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Nickel prices on Wednesday rose by 0.45 per cent to Rs 1,179.80 per kg in futures trade as speculators built fresh positions on rising demand from alloy makers in spot market. On the Multi Commodity Exchange, nickel contracts for October delivery gained Rs 5.30, or 0.45 per cent, to Rs 1,179.80 per kg in a business turnover of 2,364 lots.

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