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Copper futures decline on profit taking

Copper futures declined on MCX, as participants indulged in trimming holdings in tune with weak sentiments in physical markets. Further, lingering worries about slowing global growth pulled buying interest.

The contract for June delivery was trading at Rs 406.10 down by 0.31% or Rs 1.25 from its previous closing of Rs 407.35. The open interest of the contract stood at 30264 lots on MCX.

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