MUMBAI, Feb 5 (Reuters) - India copper futures extended losses for a fourth day in a row on Friday to hit a 3-½ month low tracking weak overseas narkets, but a weaker rupee kept the downside limited, analysts said. The most-traded February copper contract MCCG0 was trading 1.62 percent lower at 292.10 rupees per kg at 4:04 p.m., after hitting a low of 290.9 rupees earlier, the lowest level since Oct. 19. The contract had shed 6.1 percent in the previous three sessions. London copper, which guides the domestic market, fell to its lowest level in more than three months on Friday on a sell-off triggered by a rising dollar and fresh jitters about global economic health. [MET/L] The Indian rupee fell as weaker share prices and a strong dollar weighed on sentiment. [INR/] A weak rupee makes the dollar-quoted asset expensive. Selling could be done at 292.50, with a target of 290.10/288, maintaining a stop loss of 294 rupees, said Riti Singh, analyst with Ventura Commodities. The Zinc February contract MZIG0 was 1.89 percent lower at 93.25 rupees per kg, while lead for February delivery MLDG0 was 2.00 percent lower at 90.75 rupees per kg. Selling is recommended at 95-96 for Zinc Feb contract, with a target of 92, maintaining a stop loss of 97.20 rupees, said Tejas Seth, senior analyst with SMC Global. (Reporting by Siddesh Mayenkar; Editing by Prem Udayabhanu)

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