 "Zinc rise by 0.3% on global cues")
Zinc prices rose 0.33% to Rs 121 per kg in futures trading today in tandem with a firming trend overseas.
Besides, increased demand from consuming industries in spot markets supported the uptrend.
At the Multi Commodity Exchange, zinc for delivery in current month was trading higher by 40 paise, or 0.33%, to Rs 121 per kg in a business turnover of 143 lots.
Market analysts attributed the rise in zinc futures to fresh positions created by participants on the back of a firm global trend and pick up in demand at domestic spot markets.
Besides, increased demand from consuming industries in spot markets supported the uptrend.
At the Multi Commodity Exchange, zinc for delivery in current month was trading higher by 40 paise, or 0.33%, to Rs 121 per kg in a business turnover of 143 lots.
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The metal for delivery in October in restricted activity gained 20 paise, or 0.16%, to trade at Rs 121.70 per kg in volume of just six lots.
Market analysts attributed the rise in zinc futures to fresh positions created by participants on the back of a firm global trend and pick up in demand at domestic spot markets.