Zinc futures were trading with small gains during late morning trade in the domestic market on Wednesday amidst robust physical demand for zinc in the domestic spot market. 

While increased expectations of global stimulus continued to support sentiment, the focus is firmly on Friday’s Chinese second quarter GDP data which may show the weakest expansion since the global financial crisis at 6.6 %.

At the MCX, zinc futures for July 2016 contract is trading at Rs 146.85 per kg, up by 0.10 %, after opening at Rs 147.70, against a previous close of Rs 146.70. It touched the intra-day high of Rs 148.20.

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