 "Copper up by 0.5% on global cues")
Copper futures rose 0.48% to Rs 411.20 per kg amid positive cues from overseas markets and pick-up in spot demand.
At the Multi Commodity Exchange, copper for delivery in November rose by Rs 1.95, or 0.48%, to Rs 411.20 per kg, with a turnover of 513 lots.
The metal for delivery in February next year went up by Rs 1.70, or 0.41%, at Rs 416.80 in a volume of 27 lots.
Market analysts attributed the rise in copper prices in futures trade to a better trend on the LME and pick-up in demand at domestic spot markets.
At the Multi Commodity Exchange, copper for delivery in November rose by Rs 1.95, or 0.48%, to Rs 411.20 per kg, with a turnover of 513 lots.
The metal for delivery in February next year went up by Rs 1.70, or 0.41%, at Rs 416.80 in a volume of 27 lots.
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Globally, copper for three-months delivery advanced by 0.20% to $6,646.25 a tonne on the London Metal Exchange (LME).
Market analysts attributed the rise in copper prices in futures trade to a better trend on the LME and pick-up in demand at domestic spot markets.