MCX Morning Wrap: Copper weakness weighs on base metals

MCX Copper futures trended lower today, keeping base metals segment mostly under check. The benchmark MCX Copper futures opened lower and saw subdued action after a 0.84% drop in last session. Prices dipped under Rs 820 per kg in intraday moves and upside was capped around Rs 822-823 zone. The counter currently trades down 0.23% at Rs 820.75 per kg. MCX Aluminium futures are trading flat around Rs 243.80 per kg while Lead is up 0.11% at Rs 179.20 per kg. MCX Zinc is up 0.26% at Rs 288.10 per kg.

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