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MCX Afternoon Update: Nickel sees good intraday recovery though metals trade firmly in red
05-Feb-2026 15:02
MCX Base metals are under continued stress but there is some recovery from lows. Copper trades at Rs 1234.95 per kg, down 0.78% after testing lows around Rs 1220 per kg. Aluminium is down 0.52% at Rs 307.30 per kg while Zinc has shed 0.68% at Rs 319.50 per kg. Lead is off 0.55% at Rs 189.60 per kg. Nickel is down 1% at Rs 1534.10 per kg but has edged up impressively after witnessing good support in Rs 1500 ' 1510 per kg zone.

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