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Bollywood superstars Aishwarya Rai Bachchan and Shahrukh Khan are not teaming up for Yash Raj Films (YRF) upcoming film project.

The announcement was made by a spokesperson from the production house on Saturday.

An official statement from YRF stated, "Despite our categorical denial of this baseless rumour, the tabloid continued to publish this with an ambiguous quote from a person at YRF. It is totally baseless and not true."

"The least that should have been done was to have quoted us correctly and preferably not have carried this concocted story at all," it added.

Copper ended down after a Fitch downgrade of Spain's credit ratings revived concerns about the European debt crisis, and its impact on the economic recovery. Meanwhile, in an indicator of demand, inventories of copper stored in London LME-monitored warehouses fell 1,050 metric tons Friday, leaving them at 476,725.

Once-a-week data released on Fridays by the Shanghai Futures Exchange showed a weekly decline of 10,091 metric tons to 157,698. Copper has touched a low of Rs 320.65 a kg after opening at Rs 320.65, and last traded at Rs321.05. For today market is looking for the support at 320.7, a break below could see a test of 320.3 and where as resistance is now likely to be seen at 321.4, a move above could see prices testing 321.8.

Trading Ideas:

Stock market analyst Somil Mehta of Sharekhan is of the view that investors can `buy' Biocon Ltd stock with a target of Rs 308.

According to analyst, the investors can buy the stock with a stop loss of Rs 285.

Today, the stock of the company opened at Rs 293.50 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 311 and a low of Rs 181.90 on BSE.

Current EPS & P/E ratio stood at 14.66 and 20.16 respectively.

Crude oil settled flat to firm Saturday after drifting lower Friday after a downgrade to Spain's credit rating sent the euro down against the dollar. Oil prices are underpinned by outlook on the Atlantic Hurricane season, which begins on June 1. Thursday, the National Oceanic and Atmospheric Administration said that the Gulf of Mexico may witness one of the most intense storm seasons in recent times this year.

Now support for the crude is seen at 3455 and below could see a test of 3451. Resistance is now likely to be seen at 3466, a move above could see prices testing 3473.

Trading Ideas:

Crude trading range is 3451-3473.

Silver closed the week at 18.43$, which is also up from last week’s 17.74$. The up move up in Silver ran into technical selling at 18.63$, which represents 50% of the previous drop and 23.6% of the three month range. We suggest Silver is a sell while the previous multiple high of 18.88$ holds.

The Gold-Silver ratio dipped during the week to 66.05, from last close of 66.60. The ratio appears to be a buy on dips while 65.07 holds, with expectation of a move back toward the May high 68.34. Now support for the silver is seen at 29227 and below could see a test of 29184. Resistance is now likely to be seen at 29302, a move above could see prices testing 29334.

Trading Ideas:

Silver trading range is 29184-29334.

Gold ended flat Saturday after some of the recent worries about Europe returned when ratings agency Fitch downgraded the debt of Spain. Gold closed the week higher at 1213$ compared to last Friday's close of 1182$. The bounce has been held to 1218, which is the 61.8% Fibo of the 1249$ to 1167$ drop.