Buoyed by a firming trend in base metals overseas on expectations of pick up in demand, zinc futures today traded 0.40% higher at the Multi Commodity Exchange (MCX).
Better trend at the spot markets on the back of pick up in demand influenced zinc futures here.
At the MCX, zinc for delivery in February traded 45 paise, or 0.40 per cent higher at Rs 113.40 per kg, clocked a business turnover of two lots.
The metal for March delivery also gained 45, or 0.39 per cent, to Rs 114.35 per kg, with a business volume of three lots.
Globally, zinc gained 0.5% to $2,488 per tonne at the London Metal Exchange (LME).
Analysts attributed the rise in zinc futures to a firming trend in copper and other base metals at LME on expectations of pick up in global demand and improved manufacturing.
