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.

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EM local bonds gain favour as dollar debt lags

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