Daily Buzz
NATURAL GAS
At the MCX, Natural Gas futures for December 2014 contract closed at Rs 203.8 per 1 kg, up by 4 percent after opening at Rs 195.8, against the previous closing price of Rs 196. It touched the intra-day high of Rs 204.8 till the closing.
COPPER
Copper prices rose by 0.54 percent on Tuesday at the domestic markets after Japan approved a USD 29 billion stimulus package to help revive the recession-hit economy which helped spur a revival in the economy, lifting the demand outlook for copper. At the MCX, copper futures for February 2015 contract were trading at Rs.403.30 per 1 kg, up by 0.54 percent, after opening at Rs. 402.40 against the previous closing price of Rs. 401.15. It touched the intra-day high of Rs. 403.60 till the trading.
Copper prices rose by 0.54 percent on Tuesday at the domestic markets after Japan approved a USD 29 billion stimulus package to help revive the recession-hit economy which helped spur a revival in the economy, lifting the demand outlook for copper. At the MCX, copper futures for February 2015 contract were trading at Rs.403.30 per 1 kg, up by 0.54 percent, after opening at Rs. 402.40 against the previous closing price of Rs. 401.15. It touched the intra-day high of Rs. 403.60 till the trading.
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