Zinc futures up 0.74% on firm global cues

Tracking a firm trend global markets in along with firm spot demand, zinc futures prices today rose by 0.74 per cent to Rs 102.40 per kg.

At the Multi Commodity Exchange counter, zinc for delivery in January gained 75 paise, or 0.74 per cent to Rs 102.40 per kg, with a turnover of two lots.

The metal for delivery in December also moved up by 30 paise, or 0.70 per cent to Rs 101.20 per kg, with a business turnover of 18 lots.

Analysts attributed the rise in zinc futures prices to a firm trend global markets and rising demand at spot markets.