Aluminium Futures Rise on Fresh Bets - PTI
By Rediff Money Desk, NEWDELHI Dec 27, 2023 14:49
Aluminium futures prices climbed 0.53% on Wednesday to Rs 208.80 per kg on the Multi Commodity Exchange (MCX), driven by fresh positions built by speculators amid a positive trend in the spot market.
New Delhi, Dec 27 (PTI) Aluminium prices on Wednesday climbed 0.53 per cent to Rs 208.80 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 contracts for January delivery increased by Rs 1.10 or 0.53 per cent to Rs 208.80 per kg in a business turnover of 4,156 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 contracts for January delivery increased by Rs 1.10 or 0.53 per cent to Rs 208.80 per kg in a business turnover of 4,156 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.93 ( -4.87)
- 226206286
- IFL Enterprises
- 1.30 (+ 4.84)
- 81461564
- Vodafone Idea L
- 16.79 (+ 0.66)
- 67447398
- NCL Research
- 0.95 ( -4.04)
- 31996628
- Franklin Industries
- 3.73 (+ 3.32)
- 21511209
MORE NEWS
SBI 444-Day Term Deposit: Up to 7.25% Annual...
State Bank of India launches a 444-day term deposit offering up to 7.25% annual...
India To Set Up Centre For Trade Negotiation...
India's Commerce Ministry plans to establish a centre for negotiation skills to...
Vi Improves Network Coverage in Uttarakhand & UP
Vi expands L900 & L2100 technologies in UP and Uttarakhand, offering improved indoor...