 "Zinc rises by 0.6% on global cues")
Zinc futures edged up 0.61% to Rs 99.35 per kg as speculators created positions amid a rising trend in base metals overseas and better domestic demand.
At the Multi Commodity Exchange, zinc for delivery in February was up 60 paise, or 0.61%, to Rs 99.35 per kg, with a business turnover of 39 lots.
The metal for delivery in January also rose by 45 paise, or 0.51% to trade at Rs 98.30 per kg, with a business turnover of 2,583 lots.
Marketmen said strength in metal at the London Metal Exchange (LME) after positive Chinese trade data that showed exports unexpectedly rose in December, suggesting a weaker currency may be helping to bolster the economy in the world's biggest consumer drove the upside in zinc futures.
At the Multi Commodity Exchange, zinc for delivery in February was up 60 paise, or 0.61%, to Rs 99.35 per kg, with a business turnover of 39 lots.
The metal for delivery in January also rose by 45 paise, or 0.51% to trade at Rs 98.30 per kg, with a business turnover of 2,583 lots.
Marketmen said strength in metal at the London Metal Exchange (LME) after positive Chinese trade data that showed exports unexpectedly rose in December, suggesting a weaker currency may be helping to bolster the economy in the world's biggest consumer drove the upside in zinc futures.