Hindustan Copper shares jump 4%. What’s driving the rally?
Hindustan Copper shares rose on Friday as global copper prices gained on a weaker US dollar, while technical indicators pointed to improving momentum.
However, rising LME inventories and narrowing cash-to-three-month copper spreads suggest easing supply tightness.
Analysts remain positive on the stock, citing a breakout above the Rs 550 resistance zone.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
