MCX Copper futures have gained marginally as traders resorted to short covering in the shortened session ahead of the weekend. The MCX November futures drifted lower to Rs 207.50 per kg and rebounded to quote at Rs 208.50, up Rs 1.50 per kg or 0.75% from the previous close. The Aluminium futures also edged up from the initial lows, rebounding from a low of Rs 97.65 per kg to trade at Rs 99.50 per kg, up Rs 0.50 or 0.50% from the previous closing price. The counter has added nearly 2 rupees in the intraday moves so far, quite intriguing provided that it is a Saturday. The open interest is down 1%.
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