Live Markets »News & Advice»Latest Stories»Latest Stories Details
Latest Stories Details
Back

Zinc down in range-bound trade

Press Trust of India/New Delhi 25 Jun 12 | 01:05 PM

In range-bound movements, zinc fell 0.34% in futures trade today after speculators kept their positions restricted.

At the MCX, zinc for delivery in June traded lower by 35 paise, or 0.34%, to Rs 103.20 per kg, with a business turnover of 332 lots.

Related Stories

    No Related Stories Found

The July contract shed 35 paise, or 0.29%, to Rs 103.90 per kg in 57 lots.

Market analysts said apart from a weak trend in base metals in global markets, subdued domestic demand also put pressure on zinc prices at futures trade.

Meanwhile, zinc gained 1.10% to $1,819.75 a tonne on the London Metal Exchange.

Sensex

Company Price Gain (%)
Bharti Airtel373.005.26
Hero Motocorp2,601.352.69
ICICI Bank1,489.552.62
Hindalco Inds.192.602.53
Dr Reddy`s Labs2,822.252.01

Poll

Is L&T seen the top pick post the new infra lending norms by RBI?


Online Portfolio

You can create Online Portfolio here using the below button.