Aluminium futures rise 0.08% on spot market 29/10/2019

Aluminium futures rise 0.08% on spot market 29/10/2019

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Aluminium futures were trading higher during the noon trade in the domestic market on Tuesday as speculators raised bets, taking positive cues from the spot market on improved demand. Market analysts said raising of positions by traders on uptick in demand in the physical market mainly led to the rise in aluminium prices at futures trade. At the MCX, aluminium futures for November 2019 contract is trading at Rs 131.60 per kg, up by 0.08 per cent, after opening at Rs 131.40, against a previous close of Rs 131.50. It touched the intra-day high of Rs 131.70 (at 12:33 hours).

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