Shares in Multi Commodity Exchange of India (MCX) has soared almost 20% to Rs 587 on the back of heavy volumes on the bourses. The stock opened at Rs 495 and touched a low of Rs 488 on the BSE.
At 1040 hours, a combined 4.29 million shares representing 8.4% of the total equity of MCX changed hands on the NSE and BSE.
Financial Technologies (India) too, is locked at the upper circuit of 5% at Rs 245 on the BSE. A combined 289,521 shares changed hands and there are pending buy orders for 257,523 shares on the BSE and NSE.
Both these stocks have underperformed the market, declining 18-35% each in the past one month compared to a 6.7% rise in benchmark index as of Wednesday.
At 1040 hours, a combined 4.29 million shares representing 8.4% of the total equity of MCX changed hands on the NSE and BSE.
Financial Technologies (India) too, is locked at the upper circuit of 5% at Rs 245 on the BSE. A combined 289,521 shares changed hands and there are pending buy orders for 257,523 shares on the BSE and NSE.
Both these stocks have underperformed the market, declining 18-35% each in the past one month compared to a 6.7% rise in benchmark index as of Wednesday.
