--Zinc was marginally down by 0.5% in the yesterday' trading session broadly declining along with the most of the base metals.
--Zinc inventories have been broadly declining since last two to three weeks and the average daily fall in their inventories is around 4000 MT which might support the commodity to trade on a positive note during the day.
--There is no major fundamental development pertaining to Zinc. The decline in new mine supplies and closure of existing zinc mines bodes well for the over the medium term Perspective. During the day we have a ranged view on the commodity.