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RTRS: India copper opens up on overseas cues |
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MUMBAI, Oct 17 (Reuters) - India's copper futures opened up on Friday tracking international markets, analysts said.
London copper bounced in early Asian trade on Friday following gains in the equities markets.
At 10.30 a.m., the benchmark November copper MCCX8 on the Multi Commodity Exchange of India (MCX) was up 2.57 percent at 237.35 rupees per kg.
Prices later in the day are expected to find some support from bargain-buying after prices fell by a quarter in October, analysts said.
At 10.30 a.m, October zinc MZIV8 was up 2.55 percent at 60.35 rupees and lead for October delivery MLDV8 was up 2.11 percent at 70.30 rupees per kg.
(Reporting by Nandita Bose; Editing by Ramya Venugopal)
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