Buy MCX India , advises Avinnash Gorakssakar

Avinnash Gorakssakar, Market Expert told CNBC-TV18, "I think one can buy MCX India looking at a long-term kind of scenario. If one can hold on for the next 12-18 months this can be a good opportunity where good risk reward ratio can be available. We are going to see commodity options now getting started and I think this would be a big trigger for MCX going forward."

 "Operationally, I think the exchange is now doing well. I think commodity volumes have also started picking up. So, I think if one can hold on for the next 12-18 months, I think one should definitely get a good risk reward ratio even from the current level. But I think the time horizon should be at least between 12 to 18 months," he said.