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Zinc Drops On Sluggish Demand – Ways2Capital

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Zinc futures fell by 0.30 per cent to Rs 130.90 per kg in futures trade today as speculators trimmed positions in the midst of a weak trend overseas. Besides, low demand in domestic spot markets fuelled the downtrend. Zinc futures for July 2015 contract, at MCX, were trading at Rs 130.90 per kg, up by 0.30 per cent after opening at Rs. 131.10 against the previous closing price of Rs. 131.30. It touched the intra-day high of Rs. 130.55 till the trading.

Read more at: http://ways2capital-mcxtips.blogspot.in/2015/07/zinc-drops-on-sluggish-demand.html#sthash.xVqmNtTx.dpuf

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Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.

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