Copper prices slump to two-week low as China’s economic woes fuel demand worries; further downside limited, say experts

Copper prices plunged to their lowest in more than two weeks as weak economic data in the world’s biggest metals consumer China raised demand concerns. MCX Copper prices were trading 0.2% lower at ₹783.80 per kg and hit a low of ₹780.90 during the session, tracing three-month copper on the London Metal Exchange (LME) that…

Read More

Nifty Metal plunges 3% amid weak US and China manufacturing data; JSW Steel, Tata Steel lead decline

After a record-breaking performance in the previous trading session, Indian market struggled to maintain those gains today, with frontline indices losing over 1%. This decline was influenced by a sell-off in global peers, driven by weak US manufacturing and labor market data that reignited recessionary fears. Sector-wise, the metal sector was the hardest hit, with…

Read More
Back To Top