Moneycontrol Be a Pro
Get App
Last Updated : Mar 11, 2019 11:19 AM IST | Source: PTI

Zinc futures rise 0.81% on spot demand, global cues

At the Multi Commodity Exchange, zinc for delivery in current month moved up by Rs 1.55, or 0.81 percent, to Rs 193 per kg, with a business turnover of 1,044 lots.

Zinc futures on Monday edged 0.81 percent higher to Rs 193 per kg as speculators created positions, triggered by a firm trend in the domestic spot markets on industrial demand amid positive overseas cues.

At the Multi Commodity Exchange, zinc for delivery in current month moved up by Rs 1.55, or 0.81 percent, to Rs 193 per kg, with a business turnover of 1,044 lots.

Marketmen said widening of bets by participants, following improved demand in the domestic spot market and positive global cues, influenced zinc prices in futures trade.

Close
Globally at the London Metal Exchange, three-month zinc traded higher at USD 2,746.50 per tonne.

Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
First Published on Mar 11, 2019 11:11 am
Loading...
Sections
Follow us on
Available On