Zinc Prediction for Monday, 5 October 2026
- October 1, 2026
- Posted by: Kunal Singla
- Category: Uncategorized
Zinc closed at Rs 411.80 per kg on Thursday, down 1.12 percent. Nifty 50 fell 0.88% to 22,421.95. India VIX spiked 7.64% to 14.52. Markets shut Friday for Gandhi Jayanti, plus the weekend.
Quick Answer
This zinc prediction for monday leans soft into Monday’s session, as the metal fell today, in step with the broader risk-off mood across industrial metals. Since Indian markets are shut Friday for Gandhi Jayanti and through the weekend, Thursday’s close remains the last available data. Traders should treat the levels below as a working framework rather than a fixed call.
This zinc prediction for monday follows a Thursday, 1 October 2026 session in which broader equity markets sold off sharply, with Nifty 50 falling 0.88 percent to 22,421.95 as India VIX spiked 7.64 percent to 14.52, its sharpest single-day jump since late September, as broad-based selling hit most sectors, with Nifty Auto and Nifty Metal the worst hit even as Nifty IT bucked the trend entirely and rallied.
Univest’s research desk, led by Ankit Jaiswal and Kunal Singla, is tracking global cues over the long weekend for this zinc prediction for monday, since commodity prices on MCX often move in step with international benchmarks and the US Dollar Index.
Click Here – Get Free Investment Predictions
What Thursday Told Us
- Zinc closed at Rs 411.80 per kg, down 1.12 percent on the 30 October 2026 futures.
- Nifty 50 fell 0.88 percent, part of a broad-based sell-off that spared only a few sectors.
- India VIX spiked 7.64 percent to 14.52, its sharpest single-day jump since late September.
Zinc Prediction for Monday: Key Levels
Univest’s desk is watching whether zinc can extend Thursday’s soft tone once trading resumes on 5 October 2026. A sustained move in crude oil prices and the US Dollar Index over the long weekend will be the main swing factor, since both influence MCX pricing directly.
Key Drivers for Monday
- Crude oil jumped 2.11 percent on MCX, its sharpest single-day rise in over a week, even as broader Indian equities sold off.
- India VIX spiked 7.64 percent to 14.52, its sharpest single-day jump since late September, as broad-based selling hit most sectors, with Nifty Auto and Nifty Metal the worst hit even as Nifty IT bucked the trend entirely and rallied.
- Movement in the US Dollar Index, which typically has an inverse relationship with metal and bullion prices on MCX.
Stocks to Watch Alongside This Commodity
Zinc’s decline today, alongside copper’s, points to broader pressure on industrial metals sentiment during Thursday’s sell-off.
Why This Is Written for Monday
Indian markets are closed Friday, 2 October 2026, for Gandhi Jayanti, as well as Saturday and Sunday, so Thursday’s closing prices remain the last available data until trading resumes on Monday, 5 October 2026. Treat this zinc prediction for monday as a briefing to prepare for that session, not a live call that updates over the long weekend.
Explore Univest Screeners for More Trade Ideas
Risks to This Prediction
- A sharp reversal in crude oil prices over the long weekend could change the direction implied here.
- Any unexpected US Federal Reserve commentary could move the US Dollar Index and, in turn, MCX prices.
- Thin volumes early Monday can exaggerate short-term moves.
Download the Univest iOS App or Univest Android App to get daily market recommendations and insightful research pieces.
Conclusion
This zinc prediction for monday leans soft into 5 October 2026, with crude oil prices and global cues over the long weekend as the key variables to track. Traders should size positions carefully given the current volatility backdrop.
Disclaimer: Investments in securities are subject to market risk. Read all related documents carefully before investing. The information provided here is for educational purposes only and does not constitute investment advice. Univest is a SEBI-registered investment adviser (Registration No. INH000013776). Past performance is not indicative of future returns.
Frequently Asked Questions
What is the zinc prediction for monday?
Ans. It leans soft for 5 October 2026, after Zinc closed at Rs 411.80 per kg on Thursday, down 1.12 percent.
Why is this a prediction for Monday instead of tomorrow?
Ans. Because Indian markets are closed Friday, 2 October 2026, for Gandhi Jayanti, as well as Saturday and Sunday, so the next trading session is Monday, 5 October 2026.
Why did zinc move lower on Thursday?
Ans. Zinc moved lower on Thursday mainly because the metal fell today, in step with the broader risk-off mood across industrial metals.
Is the zinc prediction for Monday bullish or bearish?
Ans. The zinc prediction for Monday is cautious, given today’s 1.12 percent decline alongside a broader sell-off in industrial metals and equities.
Is now a good time to trade based on this outlook?
Ans. Whether to trade on this outlook depends on individual risk appetite. Univest’s analysts suggest confirming direction once MCX trading resumes Monday before taking a position.
