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MCX Copper breaks above Rs 1300 per kg as INR melts

21-Jan-26 17:37 Hrs IST

COMEX Copper futures held up steady today though weak equities capped gains. The metal currently trades at $5.84 per pound, up 0.85% on the day after some stability emerged in the counter following recent losses. However, bulk of the gains are due to steady global growth forecast amid tepid US dollar as equities are under stress. In Asia, Shanghai Composite index edged up marginally while Hong Kong's Hang Seng index added 0.37%. Japanese Nikkei 225 index eased 0.41% amid sustained selling pressure. European stocks stayed cautious. German DAX shed around half a percent. The US stocks slumped amid renewed concerns about a trade war between the US and Europe over President Donald Trump's efforts to take control of Greenland. The Dow lost 1.8%; the Nasdaq plummeted 2.4% and the S&P 500 tumbled 2.1%. MCX Copper futures gained sharply, breaking above Rs 1300 per kg and currently trade at Rs 1304.50 per kg, up 1.50% on the day as the Indian Rupee tanked to a fresh record low against the US dollar.

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5	02-09-2025	IT	RFP for Procurement of Server	Closed
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18	28-10-2024	IT	RFP for Procurement of Firewall	Closed
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19	12-07-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch
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20	07-07-2023	CS	RFP for Secretarial Audit
21	26-06-2023	IT	RFP for AMC of Online UPS system installed at IFINs Branch office	Closed
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22	16-06-2023	IT	E-tender for engagement of annual system audit and cyber security audit agency	Closed
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23	15-06-2023	IT	RFP for AMC of 30KVA Online UPS system	Closed
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24	30-05-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch	Cancelled
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25	24-05-2023	ADMIN	RFP for Premises on Lease for Salem Branch	Closed
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26	24-04-2023	IA	Extension Of RFP iCOM IA for FY 2023-2024	Closed
27	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
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28	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
29	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
30	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
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32	14-03-2023	IA	RFP for appointment of internal auditor in the iCOM	Closed
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