Indian Copper futures traded up as data, dollar support
Indian copper futures traded up on Friday as positive international macro-economic data along with a weak dollar supported investor sentiment. For full story, click here
Articles Tagged "India"
India Copper futures traded slightly higher on rupee
India copper futures have traded slightly higher on Monday, helped by a weak rupee and higher Shanghai markets. For full story, click here
India Copper futures reversed early losses on equity markets
Indian copper futures reversed early losses on Tuesday taking strength from bullish world equity markets. Somnath Dey, in-charge metals and energy research with Religare Commodities, stated: Copper’s rise is due of rallying equity markets. For full story, click here
India Copper futures dipped tailing global markets
India copper futures dipped on Monday tailing global markets, where losses in stock markets and worries the recent strong Chinese purchasing may not persist at higher price levels, pressured the metal. For full story, click here
India Copper futures surged 2% on demand hopes
India copper futures surged over 2 percent in afternoon trade on hopes of a recovery in global demand. For full story, click here
India copper futures reverses gains, investors stay cautious
Indian copper futures reversed afternoon gains and dipped in the evening session on Thursday as investors remained cautious ahead of the U.S. bank stress test due later in the day. For full story, click here
Zambia will choose new Luanshya Copper Mine Investor
Zambia announced that it will select a new investor for Luanshya Copper Mines next week after receiving bids from India’s Vedanta Resources Plc, China’s NFC Africa and two local firms. Mines minister Maxwell Mwale stated: Our technical committee is currently evaluating the bids and we hope by next weekend we should come up with a [...]
India Copper futures traded lower due to overseas markets
India copper futures are reported to trade lower on Monday following international markets, where a broad sell-down in commodities and stocks on fears a deadly flu outbreak could reach pandemic proportions pressured the metal. T. Gnanansekar, director with Commtrendz Research in Mumbai, stated: The downward trend would continue in copper on the back of doubts [...]
India Copper futures set to open lower
India copper futures are expected to open lower on Thursday following global peers, where a bleak outlook for the global economy and expectations of dipping demand from China pressured the metal. Harish Galipelli, head of research with Karvy Comtrade in Hyderabad, stated: Copper may see some downward movement to 220/215 rupees also on weakness in [...]
India's Copper futures dip by 3 percent
India’s copper futures reported to trade lower by over 3 percent on Tuesday, following global peers, as renewed signs of global economic weakness pressured the red metal. Pranav Mer, an analyst with India Infoline, stated: We expect further correction in copper triggered by weak equity markets. For full story, click here
