Indian aluminum traded with the negative node and settled 0.53% down at 121.9.
ISM announced the index of the manufacturing sector was 60.4% during April higher than the expected 59.5%. The US dollar index opened at 73.01 and closed at 73.15 after hitting a low of 72.72 up 0.17%.
Mr Obama president of US said that Mr Bin Laden was killed in a firefight during a targeted operation that Mr Obama ordered in Pakistan and market players expected that the stabilized situation in Middle East will increase crude oil supply and crude oil for June delivery slipped 41 cents to settle at USD 113.52 per bbl on NYMEX as a result. LME market was closed on Monday for a holiday.
For today's session market is looking to take support at 121.4, a break below could see a test of 121 and where as resistance is now likely to be seen at 122.3, a move above could see prices testing 122.7.
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