--Lead similar to copper is developing mixed cues and thus we have a ranged view for the commodity in Intraday.
--On one side the commodity takes positivity amidst the ongoing winter demand in the US; separately the inventory numbers at LME are pushing a weak bias for the battery metal.
--Lead LME stocks have been broadly declining since last three months though negatively cancelled warrants have also been coming down since last twenty four trading sessions. The cancelled warrants declined from a high of 46,275 MT to 32500 MT which is a fall of nearly 30%.