India Copper Futures Likely Little Changed

[Dow Jones] India MCX February copper futures likely to open little changed due to lack of major cues, says New Future Advisors analyst Kapil Gandhi. LME three-month copper up $2 at $7,378/ton. "Sideways movement is expected," says Gandhi; tips contract in INR340-INR348/kg range; it last settled 1.2% higher at INR345.20. Federal Open Market Committee meeting on interest rate decision will be watched carefully, say traders.