 "Zinc rises by 0.5% on global cues")
Zinc futures edged up by 0.50% to Rs 130.45 per kg today as speculators enlarged positions amid a firm global trend and better domestic demand.
At the Multi Commodity Exchange, zinc for delivery in March moved up by 65 paise, or 0.50%, to Rs 130.45 per kg, with a business turnover of 833 lots.
Likewise, the metal for delivery in April traded higher by 55 paise, or 0.42%, to Rs 131.10 per kg in a turnover of 33 lots.
Traders said besides improved spot demand, a firming trend in the base metals pack overseas, supported the upside at futures trade here.
At the Multi Commodity Exchange, zinc for delivery in March moved up by 65 paise, or 0.50%, to Rs 130.45 per kg, with a business turnover of 833 lots.
Likewise, the metal for delivery in April traded higher by 55 paise, or 0.42%, to Rs 131.10 per kg in a turnover of 33 lots.
Traders said besides improved spot demand, a firming trend in the base metals pack overseas, supported the upside at futures trade here.