Swastika Investmart Limited

MCX Copper futures extended their corrective rolls today after
beating highs about Rs 421/kg previous in the week. COMEX Copper futures
settled supported just under their 5 month highs though poor stocks and
elevated LME stockpiles sustained to cap the increases. COMEX Copper is
quoting at $2.9280/pound, drop 0.03 Per cent on the day. The red metal
had settled supported yesterday but a poor US retail sales reading
previous night and an improvement in Asian equities are expected to
weigh on the metal. MCX Copper futures extended their fall as the INR
improved fewer than 64 per US dollar spot. The MCX Copper futures line
at Rs 415.70/kg, drop 0.32 Per cent on the day. INR is positive 0.23 Per
cent at Rs 63.86/US dollar right now.