Multi Commodity Exchange

Traders are concerned that the Russia-Ukraine war is likely to take dangerous turns on escalating tensions

MCX share price has more-than-doubled or soared 129 per cent from its June-month low of Rs 2,917.

Spot gold at the time of the MCX closing was trading at $2624, up around 0.55 per cent on the day. The MCX December Gold contract at Rs 75,152 (LTP) was up nearly 0.30 per cent.

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Spot gold was trading with a gain of around 0.20 per cent at $2514 at the time of the MCX closing. The MCX October gold contract at Rs 71,903 (LTP) was up 0.38 per cent.

Spot gold surged to a fresh record high of $2465 on July 16 as traders continued to pile into the metal on Fed rate cut bets.

On the daily chart, MCX Copper has been unable to sustain the breakout of its rising channel pattern and has moved down, forming a lower high, lower low pattern, indicating bearish sentiment

Crude oil prices rose by 0.5 per cent to $78.48 on Monday amid volatility tied to hopes for an end to the Gaza conflict.

MCX stock price update: Morgan Stanley has maintained an 'Underweight' rating on the stock with a target price of Rs 2,085

The price of 22-carat gold remained stable, with the yellow metal selling at Rs 57,150.

MCX had initially intended to introduce the CDP on October 3. However, they have not revealed the new launch date yet

Sebi has asked MCX to put on hold the proposed plan to launch its new commodity derivatives platform (CDP) planned for next week

The firm's scrip tanked 7.77 per cent to Rs 1,372.1 apiece on the NSE. On the BSE, it plunged 7.71 per cent to Rs 1,373 per piece

On Monday, the MCX Crude Oil futures were seen trading above the 100-DMA for the first time in more than six months. Sustained trade above Rs 6,350 can help the trend turn favourable for Crude Oil.

Leading commodity bourse MCX on Saturday posted a 12.56 per cent rise in its consolidated net profit to Rs 38.79 crore for the third quarter ended December 2022. Its net profit stood at Rs 34.46 crore during the same quarter of the previous fiscal, according to a regulatory filing. The company's total income rose on a consolidated basis to Rs 163.65 crore in the December 2022 quarter from Rs 104.06 crore in the year-ago period. MCX largely offers derivatives in the non-commodity segment.

Multi Commodity Exchange of India (MCX India) has launched an online web-based platform for expediting arbitration processes of investors and members' complaints. The platform will also facilitate easy access to information on ongoing as well as closed arbitration and appellate arbitration matters, the exchange said in a statement. According to MCX India, the platform has been integrated with the existing online-based Investor Grievance Redressal System (IGRS). "This is another step towards ease of doing business that will facilitate hassle-free filing of arbitration applications and rejoinders," MCX Managing Director and CEO P S Reddy said on Tuesday.

Norway's Norges Bank - Government Pension Fund Global on Tuesday bought 338,000 shares of Multi Commodity Exchange of India (MCX) for over Rs 50 crore through an open market transaction

Last year, the government had cut the tax on gold imports to 7.5% in the Union Budget

Platform will be extended to spot gold exchange

To enable high throughput trading, TCS' solution for MCX will use the Deutsche Börse T7 trading platform, which the Indian IT giant helped develop