Aluminium Futures Rise: Fresh Bets Fuel Price Hike
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Aluminium futures climb on fresh bets at MCX. December contract up 0.5% to Rs 276.25/kg. Demand from industries supports price rise.
New Delhi, Nov 13 (PTI) Aluminium prices on Thursday rose 15 paise to Rs 276.25 per kilogram in the 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 December increased 15 paise or 0.5 per cent to Rs 276.25 per kg in 790 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 December increased 15 paise or 0.5 per cent to Rs 276.25 per kg in 790 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
- Company Name
- Price
- Volume
- Vodafone-Idea-L
- 11.25 (+ 4.85)
- 124593459
- Mangalam-Industrial
- 0.90 (+ 4.65)
- 43018654
- Welcure-Drugs-and
- 0.50 (+ 4.17)
- 39983710
- Alstone-Textiles
- 0.29 ( -3.33)
- 27516634
- Murae-Organisor
- 0.27 (+ 3.85)
- 26520405
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