Zinc Futures Rise: Cautious Trade on MCX
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Zinc futures edge higher on MCX. February contracts rise to Rs 318.85/kg amid cautious trading. Limited buying supports prices.
New Delhi, Jan 27 (PTI) Zinc prices on Tuesday rose by Rs 2.60 to Rs 318.85 per kg in futures trade as traders created fresh positions amid cautious trade.
On the Multi Commodity Exchange, zinc contracts for February delivery edged up by Rs 2.60, or 0.82 per cent, to Rs 318.85 per kg with a business turnover of 3,900 lots.
Traders attributed the slight rise in zinc futures to limited buying at lower levels, even as a lack of fresh triggers kept overall sentiment cautious. PTI DR DR BAL
BAL
On the Multi Commodity Exchange, zinc contracts for February delivery edged up by Rs 2.60, or 0.82 per cent, to Rs 318.85 per kg with a business turnover of 3,900 lots.
Traders attributed the slight rise in zinc futures to limited buying at lower levels, even as a lack of fresh triggers kept overall sentiment cautious. PTI DR DR BAL
BAL
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