Zinc Futures Rise On Firm Global Cues

Zinc futures were trading higher during the afternoon trade in the domestic market on Friday as investors and speculators extended their positions in the industrial metal on weakness in the US dollar.

Meanwhile, traders eyed the industrial activity and investment data from top consumer China next week.

At the MCX, zinc futures for May 2017 contract is trading at Rs 167.25 per kg, up by 0.54 per cent, after opening at Rs 166.15, against a previous close of Rs 166.35. It touched the intra-day high of Rs 167.65 (at 15:40 hours).

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Suhani Verma

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