EPIC RESEARCH MCX ZINC UPDATE OF 5 JULY 2016

Zinc trading range for the day is 139.6-146.8.    
Zinc dropped on profit booking tracking weakness in LME prices on hopes for more stimulus after data showed manufacturing sector growth stalled in June.  Activity in Japan's services sector contracted in June as new business shrank the fastest in almost five years, adding to worries that the economy is losing momentum.              
U.S. markets are closed on Monday for the U.S. Independence Day holiday, so trading remained thin on the day.

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