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Zinc futures edged up by 0.18% to Rs 141.55 per kg today after speculators covered-up their short positions amidst rising demand in domestic spot markets.
At the Multi Commodity Exchange, zinc for delivery in November moved up by 25 paise, or 0.18%, to Rs 141.30 per kg in a business turnover of 69 lots.
The metal for delivery this month rose by 15 paise, or 0.11%, to trade at Rs 141.75 per kg with a business turnover of 157 lots.
According to marketmen, apart from improved demand in the spot markets, covering-up of short positions by speculators on the last day of October, supported the upside in zinc futures.
