Opening Bell: Base Metals Market Update

  • Base metals prices opened on a volatile note today as against the last closing levels. Aluminium rose nearly 4%, nickel prices rose nearly 2%, while zinc fell more than 2% in morning trade. Base metals stocks remain largely rangebound, with zinc and copper showing recovery.
  • Brent oil futures was at $111 per barrel and crude oil WTI futures was at $108.5 per barrel at the time of reporting.

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