Zinc rises 0.3% on global cues
Fresh positions by speculators, pick up in spot market demand supported the trade
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Zinc futures for March traded higher by 30 paise, or 0.28% to Rs 106.30 per kg in 8,478 lots.
At the Multi Commodity Exchange (MCX), the April contract edged up by 20 paise, or 0.19% to Rs 107.20 per kg in 442 lots.
Fresh positions by speculators on pick up in spot market demand supported the trade.
Firm global trend mainly led to rise in zinc futures trade here.
On the London Metal Exchange (LME), zinc gained 0.4% to $1,968.25 a tonne.
At the Multi Commodity Exchange (MCX), the April contract edged up by 20 paise, or 0.19% to Rs 107.20 per kg in 442 lots.
Fresh positions by speculators on pick up in spot market demand supported the trade.
Firm global trend mainly led to rise in zinc futures trade here.
On the London Metal Exchange (LME), zinc gained 0.4% to $1,968.25 a tonne.
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First Published: Mar 12 2013 | 2:24 PM IST