Copper futures traded a shade lower at Rs 440.35 per kg today as speculators cut positions at prevailing levels even as the metal strengthened overseas.
At the Multi Commodity Exchange, copper for delivery in April fell shed 10 paise, or 0.02 per cent, to Rs 440.35 per kg, in a business turnover of 898 lots.
Similarly, the metal for delivery in June was down five paise, or 0.01 per cent, at Rs 444.55 per kg in 11 lots.
TRENDING NOW

PM Modi arrives at party headquarters after BJP secures win in Rajasthan, is leading in MP and Chhattisgarh

Telangana Election Result 2023: Revanth Reddy, the man who led Congress' dramatic turnaround in southern state

Assembly Election 2023 Results Update: MPs who win assembly polls have to quit one seat in 14 days, says Expert

India vs Australia 5th T20I Free Live Streaming: When and Where to watch IND VS AUS T20I series Match LIVE on Mobile Apps, TV, Laptop, Online

Telangana Election Result 2023: Congress wins from Jukkal and Medak, BRS nets Quthbullapur constituency

Assembly Election 2023 Results Update: PM Modi congratulates voters for Assembly wins in MP, Chhattisgarh, Rajasthan
Analysts attributed the fall in copper futures to profit-booking by speculators who trimmed their positions at existing levels amid subdued demand at the domestic spot markets but a firm trend at the London Metal Exchange (LME), capped the losses.
At the LME, three-month copper was up 0.2 per cent at USD 6,810.50 per tonne.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)