India's copper futures are expected to open flat on Wednesday tracking markets in London, analysts said.
At 9:24 a.m., three-month LME copper was 0.45 percent higher at $3,545 a tonne.
"Copper is expected to be sideways to higher," said Aurobinda Prasad, senior technical analyst with Karvy Comtrade in Hyderabad, adding copper may trade in between 180-189 rupees.
The benchmark April contract MCCJ9 on the Multi Commodity Exchange (MCX) ended 4.4 percent higher at 183.35 rupees per kg.
It may open at rupees per 184 kg and may trade in the range of 176-191 rupees for the day, said Pranav Mer, an analyst with India Infoline in Mumbai. March zinc MZIH9 ended at 58.45 rupees per kg, while lead for March MLDH9 closed at 56.25 rupees per kg.
GOLD:
India's gold futures are expected to open flat to lower on profit-taking, analysts said.
"Basically, risk aversion is fading away," said Gnanasekar Thiagarajan, director with Commtrendz Research in Mumbai, adding "We should see a low of 15,075 in gold and then it should recover."
"Gold going below 15,000 looks very unlikely," added Thiagarajan.
