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The Economic Times
The Economic Times
Business
Debaroti Adhikary

Hindustan Copper shares jump 4% as copper prices surge to all-time high. What’s driving the red metal’s red hot rally?

Shares of Hindustan Copper jumped more than 4% on Tuesday after copper prices soared to fresh all-time high amid shortage worries and a softer US dollar.

Hindustan Copper shares jumped to Rs 531 apiece on NSE on Tuesday despite an overall weak market sentiment. This comes as benchmark copper contracts on the London Metal Exchange touched a record high of $14,533 a ‌metric ton, surpassing ⁠its previous all-time ⁠peak of $14,527.50 hit in January.

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