Opening Bell: Base Metals Market Update

  • Base metals prices opened mostly on a negative note today as against the last closing levels. Nickel fell 4%, zinc prices slipped over 2% in morning trade. Base metals stocks remain largely rangebound.
  • Brent oil futures rose slightly to $112.84 and crude oil WTI futures gained marginally to $109 at the time of reporting.
  • Primary players in the domestic market have reduced aluminium ingot prices today.

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