Aluminium Futures Rise: Fresh Bets Fuel Price Hike
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Aluminium futures climb on fresh bets. January delivery up 0.25% to Rs 283.70/kg on MCX. Demand from industries supports price rise.
New Delhi, Dec 16 (PTI) Aluminium prices on Tuesday rose 70 paise to Rs 283.70 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 January increased 70 paise, or 0.25 per cent, to Rs 283.70 per kg in 1,382 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 January increased 70 paise, or 0.25 per cent, to Rs 283.70 per kg in 1,382 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
- Alstone-Textiles
- 0.20 ( -4.76)
- 171353001
- Vodafone-Idea
- 10.83 ( -2.26)
- 38535346
- Tilak-Ventures-L
- 1.01 ( -9.01)
- 34346490
- Sunshine-Capital
- 0.24 (+ 4.35)
- 30555257
- IFCI-Ltd
- 60.69 (+ 8.12)
- 28542514
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