Zinc futures marginally down on profit-booking


NEW DELHI, Nov 29:  Amid profit-booking by speculators, zinc futures prices today edged lower by 0.30 per cent to Rs 115 per kg.

            At the Multi Commodity Exchange, zinc for delivery in December shed 35 paise, or 0.30 per cent, to Rs 115.95 per kg, with a business turnover of 131 lots.

            Likewise, the metal for delivery in November traded lower by 30 paise, or 0.26 per cent, to Rs 114.80 per kg, with a business turnover of 136 lots.

            Marketmen said profit-booking by participants, led to a marginal fall in zinc prices at futures trade but a firming trend overseas, capped the gains. (PTI)