Zinc up 0.7% on overseas cues
Signs of strength in Chinese auto sales triggered increase in Zinc demand
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Zinc futures for April rose by 75 paise, or 0.70%, to Rs 108.60 per kg in 261 lots.
At the Multi Commodity Exchange (MCX), the March contract gained 65 paise, or 0.61%, to Rs 107.60 per kg in 3,493 lots.
Firm domestic demand, speculators enlarging their positions supported the trade.
Signs of strength in Chinese auto sales triggered increase in demand outlook for base metals globally.
Entire base metals gained at the London Metal Exchange (LME).
At the Multi Commodity Exchange (MCX), the March contract gained 65 paise, or 0.61%, to Rs 107.60 per kg in 3,493 lots.
Firm domestic demand, speculators enlarging their positions supported the trade.
Signs of strength in Chinese auto sales triggered increase in demand outlook for base metals globally.
Entire base metals gained at the London Metal Exchange (LME).
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First Published: Mar 13 2013 | 2:04 PM IST