India, July 8 -- Aluminium futures gained 1.1% on Wednesday as traders built fresh positions amid a positive trend in the spot market and sustained demand from consuming industries.
On the Multi Commodity Exchange (MCX), aluminium contracts for July delivery rose by Rs 3.65 to Rs 336.90 per kg, with an open interest of 828 lots.
Market analysts attributed the rise in aluminium futures to fresh buying by market participants, supported by improving demand from key consuming sectors and firm spot market sentiment.
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