Base metals traded higher yesterday on the back of positive economic data from the Euro Zone. Also, delay in QE taper by the Federal Reserve in the FOMC meet yesterday acted as a positive factor for the base metals group.
However, strength in the DX coupled with mixed inventories scenario capped sharp gains in prices of the base metals.
In the Indian markets, base metals traded on a positive note but Rupee appreciation restricted sharp upside movement in prices.
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