MCX Morning Wrap: Base metals surge impressively

Base metals edged higher today. MCX Copper futures are trading at Rs 1421.30 per kg, up 0.98% on the day. The counter eased near Rs 1417 per kg in early moves today before moving up steadily and saw a modest rise in open interest. MCX Aluminium futures are also up 0.99% at Rs 336.75 per kg. MCX Zinc futures spiked 1.34% to trade at Rs 419.30 per kg. MCX Lead futures added 0.18% at Rs 195 per kg. MCX Nickel is up 0.09% at Rs 1524.20 per kg.

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