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29-Mar2019

Copper futures trade moderately higher on strong global cues

Copper futures traded moderately higher on MCX, due to enlargement of portfolios amid strong trend overseas and pickup in demand in the spot market.

The contract for April delivery was trading at Rs 444.75, up by 0.76% or Rs 3.35 from its previous closing of Rs 441.40.The open interest of the contract stood at 12993 lots.

The contract for June delivery was trading at Rs 448.60, up by 0.76% or Rs 3.40 from its previous closing of Rs 445.20. The open interest of the contract stood at 843 lots on MCX.


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