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Monday 10 October 2016

Uptick in demand lifts zinc futures by 0.45% : 10 Oct 2016

Zinc futures were trading higher during the afternoon trade in the domestic market on Monday as investors and speculators widened their positions in the industrial metal amid a pickup in demand from consuming industries at the domestic spot markets.
Further, participants build up their bets in the industrial metal led by a rise in demand from consuming industries, supported prices of zinc at futures trade. At the MCX, zinc futures for October 2016 contract is trading at Rs 155.80 per kg, up by 0.45 per cent, after opening at Rs 156.10, against a previous close of Rs 155.10. It touched the intra-day high of Rs 156.85 


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