Zinc Futures Dip On Easing Demand

Zinc futures were trading lower during the afternoon trade in the domestic market on Wednesday as speculators trimmed positions amid easing demand in the spot market. Analysts said offloading of positions by participants on the back of tepid demand in the spot markets, mainly led to decline in zinc prices at futures trade.
At the MCX, zinc futures for September 2017 contract was trading at Rs 215.05 per kg, down by 0.44 per cent, after opening at Rs 215.70, against a previous close of Rs 216. It touched the intra-day low of Rs 214.70 (at 14:17 hours).
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626222 | Toll Free – 1800-3010-2007
Give a Missed Call for Free Trial – 09699997717
Advertisements

Ways2Capital Closing Update : Sensex Gains 107 pts Amid North Korea Fears

Equity benchmarks recouped more than half of previous day’s losses and the broader markets outperformed on Tuesday as investors shrugged off lingering geopolitical tensions and preferred bargain hunting.
The late rally helped the 30-share BSE Sensex gain 107.30 points at 31,809.55. The 50-share NSE Nifty rose 39.35 points to 9,952.20, driven by oil, private banking & financials and cement stocks.
Experts expect the market to be rangebound in near term as they feel it is difficult for the Nifty to surpass 10,000 level in near term due to global factors like North Korea tensions. However, they are positive for long term.
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626222 | Toll Free – 1800-3010-2007 ✔
Give a Missed Call for Free Trial – 09699997717 ✔

Aluminium Futures Keep Head Above Water

Aluminium futures were trading higher during morning trade in the domestic market on Wednesday as investors and speculators build up fresh bets in the industrial metal amid rise in physical demand for aluminium at the domestic spot market. Further, an uptick in physical demand for aluminium at the domestic spot market was led by widening of positions by traders in the spot markets, supported aluminium prices at futures trade.
At the MCX, aluminium futures for June 2017 contract is trading at Rs 121.55 per kg, up by 0.16 per cent, after opening at Rs 121.60, against a previous close of Rs 121.35. It touched the intra-day high of Rs 121.65 (at 10:58 hours).
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626222 | Toll Free – 1800-3010-2007 ✔
Give a Missed Call for Free Trial – 09699997717 ✔