 "Zinc up 0.2% on short-covering, spot demand")
Zinc futures edged up by 0.18% to Rs 141.55 per kg today after speculators covered-up their short positions amidst rising demand in domestic spot markets.
At the Multi Commodity Exchange, zinc for delivery in November moved up by 25 paise, or 0.18%, to Rs 141.30 per kg in a business turnover of 69 lots.
The metal for delivery this month rose by 15 paise, or 0.11%, to trade at Rs 141.75 per kg with a business turnover of 157 lots.
According to marketmen, apart from improved demand in the spot markets, covering-up of short positions by speculators on the last day of October, supported the upside in zinc futures.
At the Multi Commodity Exchange, zinc for delivery in November moved up by 25 paise, or 0.18%, to Rs 141.30 per kg in a business turnover of 69 lots.
The metal for delivery this month rose by 15 paise, or 0.11%, to trade at Rs 141.75 per kg with a business turnover of 157 lots.
According to marketmen, apart from improved demand in the spot markets, covering-up of short positions by speculators on the last day of October, supported the upside in zinc futures.
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