India copper futures are expected to open slightly higher on Thursday following strong regional equity markets, reviving hopes of an economic recovery and thereby demand for the industrial metal, analysts said. The benchmark April contract MCCJ9 on the Multi Commodity Exchange (MCX) closed 0.2 percent higher at 220.85 rupees per kg in the previous session. It may open around 222 rupees per kg, said Gnansekar Thiagarajan, director with Commmtrendz Research. "It would be bullish as long as international equities looks strong," said Thiagarajan. "Copper can see more upside till 228-232 rupees by early next week," Thiagarajan added. "Buying on correction is recommended," said Pranav Mer, an analyst with India Infoline in Mumbai. "Copper may trade in the range of 219-225 for the day," said Mer. April zinc MZIJ9 ended 1.2 percent higher at 67.80 rupees per kg, while lead for April MLDJ9 closed 0.7 percent higher at 66.90 rupees per kg in the previous session. GOLD: Futures are likely to open slightly lower on a strong rupee, making the dollar-quoted asset cheaper, analysts said. The benchmark June contract MAUM9 closed flat at 14,298 rupees per 10 grams in the last session. The Indian rupee extended gains for a second day, tracking a rally in regional stocks markets that may boost capital flows in to Indian shares. It may open around 14,260/14,270 rupees per 10 grams, said Abhishek Chauhan, a technical analyst with Angel Commodities. "Market is looking bearish with support pegged at 14,200 rupees," said Chauhan. "Maximum upside could be at 14,500 rupees in gold, with support placed at 14,175," said Kunal Shah, an analyst with Nirmal Bang Commodities.

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