Aluminium Futures Rise: Fresh Bets Fuel Price Hike
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Aluminium futures climb on fresh bets. MCX November aluminium price up 0.28% to Rs 269.95/kg. Demand from industries supports the rise.
New Delhi, Oct 24 (PTI) Aluminium prices on Friday rose by 75 paise to Rs 269.95 per kilogram in futures trade as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in November increased by 75 paise, or 0.28 per cent, to Rs 269.95 per kg in 2,804 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
On the Multi Commodity Exchange, aluminium for delivery in November increased by 75 paise, or 0.28 per cent, to Rs 269.95 per kg in 2,804 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
TODAY'S MOST TRADED COMPANIES
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- 22915093
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- 21.86 (+ 0.60)
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- 17288475
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