MCX Morning Wrap: Base metals tumble, Nickel tanks more than 2%

Base metals slipped sharply today. MCX Copper futures for June are trading at Rs 1292.70 per kg, down 0.67% on the day after falling to sustain above Rs 1300 per kg. MCX Aluminum futures lost 1.76% at Rs 336.80 per kg. MCX Zinc futures are down 0.91% at Rs 359.05 per kg. MCX Lead futures eased 0.59% to trade at Rs 201.10 per kg. MCX Nickel futures plummeted 2.32% to trade at Rs 1628 per kg.

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