 "Zinc rises by 0.3% on overseas cues")
Tracking gains in base metals overseas and better domestic demand, zinc futures today edged up by 0.35% to Rs 116.30 per kg as speculators enlarged positions.
At the Multi Commodity Exchange, zinc for delivery in September moved up by 40 paise, or 0.35%, to Rs 116.30 per kg, with a business turnover of 816 lots.
The metal for delivery in October too gained 35 paise, or 0.30% to Rs 117.20 per kg in a business volume of 29 lots.
Marketmen said improved demand in the spot market amid a firming trend in select base metals overseas, mainly influenced zinc prices at futures trade here.
At the Multi Commodity Exchange, zinc for delivery in September moved up by 40 paise, or 0.35%, to Rs 116.30 per kg, with a business turnover of 816 lots.
The metal for delivery in October too gained 35 paise, or 0.30% to Rs 117.20 per kg in a business volume of 29 lots.
Marketmen said improved demand in the spot market amid a firming trend in select base metals overseas, mainly influenced zinc prices at futures trade here.