Copper opens steady to down on overseas cues
MUMBAI: Copper futures opened steady with a downside bias on Monday tracking
markets in London, an analyst said.

At 10.19 a.m., the benchmark November copper on the Multi Commodity Exchange
of India (MCX) was down 0.22 percent at 315 rupees.

Copper prices are expected to trade weak later in the day as investors
continue to remain unsure on whether the U.S. bailout plan would be able to
restore confidence to shaky markets, the analyst added.

At 10.20 a.m., September zinc was up 0.31 percent at 81.65 rupees per kg and
lead for September delivery was down 0.33 percent at 90.40 rupees per kg.


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