 "Copper gains by 0.3% on positive overseas cues")
Tracking positive global cues and pick up in spot demand, copper futures rose by 0.34% to Rs 368.95 per kg today.
At the Multi Commodity Exchange, copper for delivery in April gained Rs 1.25, or 0.34%, to Rs 368.95 per kg, with a turnover of 570 lots.
Similarly, the metal for delivery in far-month June was up by Rs 1.05, or 0.28%, to Rs 373.40 per kg, with a trade volume of one lot.
Market analysts said a firming trend in base metals pack at the LME, along with rising demand in the spot markets, led to the rise in copper prices in futures market.
At the Multi Commodity Exchange, copper for delivery in April gained Rs 1.25, or 0.34%, to Rs 368.95 per kg, with a turnover of 570 lots.
Similarly, the metal for delivery in far-month June was up by Rs 1.05, or 0.28%, to Rs 373.40 per kg, with a trade volume of one lot.
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Globally, copper for three-month delivery rose by 0.1% to $5,773 a tonne at the London Metal Exchange (LME).
Market analysts said a firming trend in base metals pack at the LME, along with rising demand in the spot markets, led to the rise in copper prices in futures market.