MCX share price: The stock soared 8.15 per cent to hit a 52-week high of Rs 3,168 against its previous close of Rs 2,929.15. The multibagger scrip has gained more than 120 per cent in the last six months. And, it has gained over 36 per cent in a month.
The MCX share price has risen over 112 percent this year, doubling investors money. Experts, however, say that the stock appears to be in the overbought zone now
Shares of Multi Commodity Exchange of India Ltd. advanced after the Securities and Exchange Board of India allowed it to go live with its proposed commodity derivatives platform.
"SEBI has withdrawn its directions to MCX and MCXCCL to keep the proposed go-live of CDP in abeyance," according to an exchange filing.
Multi Commodity Exchange Clearing Corporation Ltd., or MCXCCL, is a clearing corporation in the commodity derivatives market.
Despite over 30 broker defaults at the National Stock Exchange (NSE) in the past few years and a massive scandal involving its colocation services (COLO), the capital market regulator is fighting tooth and nail to deny access to annual inspection reports (AIRs) of the NSE and the Bombay Stock Exchange (BSE) for FY12-13 to FY19-20.