Author: Drishya Yadav
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Opening Bell: Base Metals Market Update
Base metals prices on LME opened at rangebound levels in morning trade today. However, nickel cash prices showed an increase by more than 2% as against the last closing. Base metals stocks at LME-registered warehouses dropped in the last closing, with aluminium contracting by almost 2% d-o-d, equivalent to 9,775 t. Notably, Aluminium stocks have…