The Nifty closures touch beneath 7800, down 30.50 points or 0.4 percent at 7788.10. The Sensex is down 97.41 points or 0.4 percent at 25622.17.
Tata Motors, Bajaj Auto, L&T, BHEL and ICICI Bank are top gainers in the Sensex. Among the losers are Hindalco, HUL, Wipro, Dr Reddy's and HDFC.
MCX SILVER December contract was trading at Rs 35583 up Rs 289, or 0.82 percent. The SILVER rate touched an intraday high of Rs 35599 and an intraday low of Rs 35321. So far 5133 contracts have been traded. SILVER prices have moved down Rs 3537, or 9.04 percent in the December contract as such.
We expect that Copper prices will trade lower today as Chinese producers prices slipped more profound into emptying denoting the 42nd back to back month of decreases. Additionally, investors will be wary in front of US expansion information due tomorrow. Then again, real supply cuts will pad sharp drawback.
On the MCX, copper prices are required to trade higher today in accordance with worldwide patterns.