Copper on MCX settled down -1.21% at 376.05 after a U.S. air strike on Syria prompted investors to move out of riskier assets and the biggest sell-off in Chinese steel futures in two months spilled over into industrial metals. Base metals came under pressure after the most-active rebar on the Shanghai Futures Exchange closed down 4.9 percent at 3,038 yuan ($440) a tonne, its sharpest fall since Feb. 3, on concerns of rising steel supply and tepid demand.

Trading Ideas: 

 * Copper trading range for the day is 366.6-384.2. 

* Copper fell after a U.S. air strike on Syria prompted investors to move out of riskier assets. 

* The discount of LME cash copper to the three-month contract closed at $31.25 a tonne, close to the biggest in four years, indicating adequate supply. 

* China's foreign exchange reserves rose slightly in March, though by a bit less than the market expected.

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