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Zinc up 0.5% on firm global cues

Firming base metals overseas also had a positive impact here

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Press Trust of India New Delhi
Zinc futures for April rose by 55 paise, or 0.53%, to Rs 104.55 per kg in 153 lots.

At the Multi Commodity Exchange (MCX), the March contract gained 45 paise, or 0.44%, at Rs 103.10 per kg in 153 lots.

Improved domestic demand due to speculators enlarging their positions supported the trade.

Firming base metals overseas also had a positive impact.

At the London Metal Exchange (LME), zinc rose 0.7% to $1,933 per tonne.
 

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First Published: Mar 19 2013 | 2:09 PM IST

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