Aluminium rises 0.5% on overseas cues
Prices rose as participants enlarged their positions
 "Aluminium rises 0.5% on overseas cues")
Aluminium futures for March inched up by 55 paise, or 0.53%, to Rs 104.60 per kg in 463 lots.
At the Multi Commodity Exchange (MCX), the April contract traded marginally higher by 55 paise, or 0.52%, to Rs 106.30 per kg in 38 lots.
Prices rose as participants enlarged their positions.
Firming global trend helped aluminium futures to trade higher.
On the London Metal Exchange (LME), aluminium climbed 0.1% to $1,939 tonne.
At the Multi Commodity Exchange (MCX), the April contract traded marginally higher by 55 paise, or 0.52%, to Rs 106.30 per kg in 38 lots.
Prices rose as participants enlarged their positions.
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Strong spot markets demand also influenced metal prices.
Firming global trend helped aluminium futures to trade higher.
On the London Metal Exchange (LME), aluminium climbed 0.1% to $1,939 tonne.