MUMBAI, Oct 20 (Reuters) - Indian copper futures were ranged on Monday, as fresh efforts to shore up the global financial sector and a bounceback in global equity markets supported prices but concerns on slowing demand from China kept investors worried. At 6.09 p.m., the benchmark November copper MCCX8 on the Multi Commodity Exchange of India (MCX) was down 0.06 percent at 241.45 rupees per kg. "It is a short-term relief. The outlook continues to be bearish on fears of slowing growth from China," said Roopa Kataria, analyst with Anagram Securities Ltd. A fall in annual GDP growth in China, the world's biggest copper consumer, to 9 percent in the third quarter from 10.1 percent in the second, and a drop in factory output to a six-year low, fuelled bearish sentiment in the metal. Immediate support for benchmark copper is pegged at 236.10 rupees and resistance seen at 248.9 rupees, said Reena Walia, an analyst with Angel Broking Ltd. NICKEL Nickel futures extended their falls as a supply surplus coupled with slackening demand weighed on prices, analysts said. "The demand for nickel is a big question as stainless steel producers have restricted buying the raw material and the macro-economic worries are weighing on prices too," added Angel's Reena Walia. At 6.10 p.m., the benchmark October nickel MNKV8 was down 2.03 percent at 521.8 rupees. ZINC, LEAD Zinc prices traded steady as the dollar supported prices but fundamentals for the metal continued to remain weak due to a supply surplus and slowing demand, analysts said. At 6.10 p.m., October zinc MZIV8 on the MCX was up 0.08 percent at 59.6 rupees a kg Lead prices continued its slump as the global economic slowdown impacted the auto sector, the main consumer of the metal. Lead prices have fallen more than 52 percent since its highs in early March of 2008. At 6.10 p.m., benchmark October lead MLDV8 was down 0.99 percent at 70.15 rupees per kg. (Reporting by Nandita Bose; Editing by Ramya Venugopal)

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