ICICI Securities recommended hold rating on MCX India with a target price of Rs 3634 in its research report dated April 25, 2024.
On the monthly charts, MCX India has seen a horizontal resistance trendline breakout adjoining highs of October 2021 and September 2023, which is positive sign.
PCBL rallied 7.55 percent to Rs 197 on October 6 and formed strong bullish candlestick pattern on the daily charts with multi-fold jump in volumes
MTAR Technologies, MCX India and GAIL India were among the stocks that outperformed the market on September 1 and are expected to continue the uptrend