Zinc futures grow over two % in morning trade in the domestic market on today as investors and speculators built up bright positions in the business metal amid uptick in physical demand for zinc from major consuming industries at the domestic market.
Additional, Zinc prices were up led by widening of positions by traders in the industrial metal amid rise in physical demand from alloy-makers at the domestic spot markets.
At the MCX, zinc futures for Nov 2016 deal is trading at Rs 176.40 per kilogram, upword by 2.08 per cent, after opening at Rs 175, against an previous stopped of Rs 172.80. It touched the intra-day high of Rs 176.45.
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