Aluminium Futures Rise on Speculative Bets - PTI
By Rediff Money Desk, New Delhi Jul 09, 2024 13:30
Aluminium prices climbed 0.32% on the Multi Commodity Exchange, driven by fresh positions built by speculators and positive spot market trends.
New Delhi, Jul 9 (PTI) Aluminium prices on Tuesday climbed 0.32 per cent to Rs 233.40 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 July delivery increased 75 paise or 0.32 per cent to Rs 233.40 per kg in a business turnover of 3,836 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 July delivery increased 75 paise or 0.32 per cent to Rs 233.40 per kg in a business turnover of 3,836 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
Source: PTI
Read More On:
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.
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Thinkink Picturez
- 1.94 (+ 4.86)
- 28243837
- Rajnish Wellness
- 1.79 (+ 4.68)
- 18942960
- GTL Infrastructure
- 2.27 ( -2.16)
- 18044837
- Srestha Finvest
- 0.86 (+ 8.86)
- 18001624
- Vodafone Idea L
- 8.11 ( -0.12)
- 12730102
MORE NEWS
Sensex Falls 150 Points, Nifty Down 37: Equity...
Indian equity markets witnessed volatility today, with Sensex falling 150 points and...
Rupee Falls 7 Paise to 84.73 vs US Dollar
The Indian rupee weakened against the US dollar in early trade on Monday, dragged down...
CEAT Acquires Camso: Eyes Premium OHT Growth
CEAT acquires Camso's off-highway tyre and tracks business for USD 225 million, aiming...