MCX, the Multi-Commodity Exchange of India Ltd, is the country's first listed exchange. It has earned the tag of being a 'state-of-the-art' exchange that facilitates online trading of commodity derivatives transactions. This allows MCX to provide a platform for price discovery and risk management. MCX started operations way back in November 2003, under the relevant regulatory framework of market regulator Securities and Exchange Board of India (SEBI). The exchange provides a platform for trading in commodity derivative contracts in various segments including agricultural commodities, bullion, energy, and industrial metals. A note on MCX's official website states that it is India’s first exchange to offer commodity options contracts, bullion index futures and base metals index futures contracts. MCX focuses largely on providing commodity value chain participants with transparent, neutral and secure trade mechanisms, along with formulating quality parameters and trade regulations. It has a vast national reach of 597 registered members and as high as 49,999 authorised persons. The exchange had a presence in around 1,103 cities and towns across India as on December 31, 2021. According to MCX, it is the country’s leading commodity derivatives exchange with a market share of 92.9 percent in terms of the value of commodity futures contracts traded in the financial year 2021-22 (Apr-Dec). More
Sebi is of the view that enhanced institutional participation can bring in liquidity and make it more attractive as a tool for hedging, and regulations will developed to ensure 'prudent institutional access', said the chairman.
Speaking at an MCX event, Sebi chairman said there are plans to set up a working group on commodities to address the bottlenecks for the segment's volume growth.
Equity market jitters and geopolitical tensions drive investors toward safe-haven bullion.
Motilal Oswal recommended Neutral rating on MCX with a target price of Rs 8300 in its research report dated August 04, 2025.
MCX share price: The sharp rise in the share price rippled down to the other capital market stocks as well, pushing the sectoral index higher nearly 2% in the morning. CDSL, Aditya Birla Sun Life AMC, CAMS and Anand Rathi Wealth Management shares gained up to 3%.
Implentation of market coupling would mean there will be only one price for electricity traded through the exchanges at any point of time.
In the meantime, orders can be placed in the NSE Commodity segment, says Zerodha
MCX said the launch is timely as the electricity sector has been seeing 'significant growth' along with the need to manage price stability, fluctuating demand, fuel costs, and other market developments.
MCX Share Price: UBS expects key commodities' average daily value to remain strong on the MCX amid volatility caused by geopolitical uncertainties.
'Our positive stance on MCX is based on strong uptick in volumes since the start of FY26, possible uptick in volumes arising from newer products,' says ICICI Securities
MCX share price: The stock has risen over 16% in the past five days, and has jumped over 39% in the past one month.
The monetary penalty has been imposed post an investigation in to the purchase orders given by MCX to 63 Moons.
BSE shares jump 5% to hit all-time high as market regulator SEBI is likely to relax some F&O norms.
"Heightened border tensions and weak global cues dragged down markets and the rupee. Investors are advised to stay cautious, avoid aggressive positions, and focus on fundamentally strong stocks with limited near-term exposure to geopolitical risks," said Shrikant Chouhan from Kotak Securities.
Motilal Oswal recommended Neutral rating on MCX with a target price of Rs 6100 in its research report dated January 21, 2025.
The exchange's expenses declined to Rs 123.03 crore, from Rs 222.25 crore in the previous year.
MCX reported a net profit of Rs 160 crore in Q3FY25, marking a strong comeback from Rs 5.35 crore loss it had reported in Q3FY24
Check out the latest brokerage calls and analyst comments on the stocks in action today. Our coverage includes Zomato, Dixon Technologies, L&T Finance, MCX , Paytm and Can Fin Homes among others.
On December 9, more than 16 brokers were cut off from MCX servers following a cyberattack.
From last year, prices have climbed 27.19%, according to Moneycontrol analysis
The mid and small-cap indices jumped 0.3 and 0.6 percent, respectively, marking an impressive 10-day streak of outperformance.
Multi Commodity Exchange shares extended its uptrend to the third straight session, surging around 13 percent on the back of heavy volumes.
From last year, prices have climbed 24.92%, according to Moneycontrol analysis
Gold prices have witnessed 21.28% increase since the start of 2024
From last year, prices have climbed 22.08%, according to Moneycontrol analysis