The Multi Commodity Exchange of India Limited (MCX) is a premier commodity derivatives exchange, providing a platform for online trading, price discovery, and risk management. Established in November 2003, MCX operates under the regulatory framework of SEBI, offering trading in various commodity derivatives, including bullion, industrial metals, energy, agricultural commodities, and indices.
On December 6, 2024, MCX’s share price surged past ₹7,000 on the NSE, marking a new milestone with an intraday high of ₹7,048. Although the stock retreated slightly during the closing session, it ended with a robust gain of over 6%, recording its sharpest single-day rise in over 6 month.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Dec 6, 2024, 4:50 PM IST
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