 "Zinc up 0.5% on overseas cues, domestic demand")
Zinc futures prices today edged up by 0.51% to Rs 137.85 per kg as participants enlarged positions amid a firming trend at the London Metal Exchange.
At the Multi Commodity Exchange, zinc for delivery in January was up by 70 paise, or 0.51%, to Rs 137.85 per kg, with a business turnover of 160 lots.
Metal for delivery in current month also rose marginally by 60 paise, or 0.44%, to Rs 137.75 per kg in a business volume of 370 lots.
Market participants said fresh positions created on firming trend in the base metals pack overseas and pick up in demand from consuming industries at domestic market, supported the rise in zinc futures.
At the Multi Commodity Exchange, zinc for delivery in January was up by 70 paise, or 0.51%, to Rs 137.85 per kg, with a business turnover of 160 lots.
Metal for delivery in current month also rose marginally by 60 paise, or 0.44%, to Rs 137.75 per kg in a business volume of 370 lots.
Market participants said fresh positions created on firming trend in the base metals pack overseas and pick up in demand from consuming industries at domestic market, supported the rise in zinc futures.
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