Copper futures down 0.80% on profit-booking 25/10/2018
Copper futures down 0.80% on profit-booking
25/10/2018 13:03
Copper futures were trading lower during the noon trade in the domestic market on Thursday as speculators booked profits amid negative global cues.
Analysts said trimming of positions by participants to book profits at current levels and weak global cues led to the fall in copper futures.
At the MCX, copper futures for November 2018 contract is trading at Rs 444.30 per kg, down by 0.80 per cent, after opening at Rs 446.80, against a previous close of Rs 447.9. It touched the intra-day low of Rs 441.55 (at 13:00 hours).
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Copper futures down 0.80% on profit-booking
25/10/2018 13:03
Copper futures were trading lower during the noon trade in the domestic market on Thursday as speculators booked profits amid negative global cues.
Analysts said trimming of positions by participants to book profits at current levels and weak global cues led to the fall in copper futures.
At the MCX, copper futures for November 2018 contract is trading at Rs 444.30 per kg, down by 0.80 per cent, after opening at Rs 446.80, against a previous close of Rs 447.9. It touched the intra-day low of Rs 441.55 (at 13:00 hours).
