anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

MARKET

Commodity News Details
MCX Copper supported as INR tanks, global futures slide
08-May-2025 17:25
COMEX Copper futures fell yet again today, adding to hefty losses in last session. Equities were mixed but Copper tanked towards three-week low amid a sharp slide in metals as the US dollar spiked. COMEX Copper futures are currently trading at $4.60 per pound, down 1.20% on the day after losing around 2.50% in last session. The US dollar index is near 100 mark ' hitting one-week top after Federal Reserve held its key interest rate unchanged in a range between 4.25%-4.5% on Wednesday. However, on MCX, Copper futures are trading at Rs 849.35 per kg amid an excellent bounce in intraday moves as the Indian Rupee tanked. INR neared 85.80 per US dollar, down 95 paise on the day. In equities, China's Shanghai Composite index rose 0.28% amid a sustained upmove, Hong Kong's Hang Seng index edged up 0.37%. Japan's Nikkei index also added 0.41%. European stocks rose. German DAX spiked around 1%. The US stocks rose in volatile trades yesterday following Fed decision. The Dow added 0.7%, the S&P 500 gained 0.4% and the Nasdaq rose 0.3%.

Powered by Commodity Insights

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.