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24-Nov2017

Copper futures edge up on firm demand

Copper futures edged up on MCX on strong demand of the metal in domestic market. Moreover, US dollar weakness against other currencies also fueled the uptrend.

The contract for November delivery was trading at Rs 451.60, up by 0.60% or Rs 2.70 from its previous closing of Rs 448.90. The open interest of the contract stood at 12994 lots.

The contract for February delivery was trading at Rs 457.40 rose by 0.57% or Rs 2.60 from its previous closing of Rs 454.80. The open interest of the contract stood at 4837 lots on MCX.


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