Zinc futures tick up 0.15%, in line with global trend

NEW DELHI, June 9:  Zinc futures edged up 0.15 per cent to Rs 137.50 per kg today after speculators built up bets on the back of rising demand in the domestic spot market amid a firming trend overseas.
At the Multi Commodity Exchange, zinc for delivery in June moved up 20 paise, or 0.15 per cent, to Rs 137.50 per kg in a business turnover of 385 lots.
According to marketmen, apart from improved demand in the spot market, a firming trend in select base metals at the London Metal Exchange after weaker-than-estimated inflation data from China bolstered the case for further stimulus supported the upside. (PTI)