 "Zinc futures rise on overseas cues, spot demand")
Supported by a firming overseas trend and firm demand at spot markets, zinc futures today edged up by 0.17% to Rs 117.30 per kg as speculators created positions.
At the Multi Commodity Exchange, zinc for delivery in December traded up by 20 paise, or 0.17%, to Rs 117.30 per kg, with a business turnover of four lots.
The metal for delivery in November also rose by 10 paise, or 0.09%, to Rs 115.70 per kg, with a business turnover of 91 lots.
Marketmen said besides improved demand in the spot market, a firming trend in select metals overseas, supported the upside in zinc prices at futures trade.
At the Multi Commodity Exchange, zinc for delivery in December traded up by 20 paise, or 0.17%, to Rs 117.30 per kg, with a business turnover of four lots.
The metal for delivery in November also rose by 10 paise, or 0.09%, to Rs 115.70 per kg, with a business turnover of 91 lots.
Marketmen said besides improved demand in the spot market, a firming trend in select metals overseas, supported the upside in zinc prices at futures trade.
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