Zinc Futures Rebound to Rs 325.8/kg After Early Slide on MCX

• Zinc futures for the February contract recovered to Rs 325.80 per kg on the Multi Commodity Exchange (MCX).
• The metal initially fell by Rs 7.55 (2.4%) to an intraday low of Rs 312 per kg.
• The recovery was attributed to bargain buying by traders at lower price levels.
• This rebound occurred despite a general weakness observed in global base metal markets.
• Globally, zinc on the London Metals Exchange (LME) declined by 2.71% to USD 3,301.65 per 25 metric tonne.

Why It Matters: Zinc futures recovered on MCX due to bargain buying, despite global market weakness.