Zinc futures gain on improved global demand.

Zinc futures gained on MCX as speculators enlarged their positions on improved global demand, even as the world's top metal consumer China's latest stimulus announcements failed to meet market expectations and leaving investors uncertain about the size of the support package.The contract for October delivery was trading at Rs 285.60, up by 1.42% or Rs 4.00 from its previous closing of Rs 281.60. The open interest of the contract stood at 2409 lots.The contract for November delivery was trading at Rs 284.05, up by 1.09% or Rs 3.05 from its previous closing of Rs 281.00. The open interest of the contract stood at 732 lots on MCX. [Extracted from the article]