On the Multi Commodity Exchange, silver contracts for September delivery plummeted Rs 2,944 or 3.47 per cent to Rs 81,950 per kg in a business turnover of 27,605 lots.
MCX will be looking to grow volumes driven by new products, said Motilal Oswal.
MCX's revenue from operations grew by 33.4 percent YoY to Rs 191.5 crore for the quarter ended Decembers 31, 2023.
The MCX share price has risen over 112 percent this year, doubling investors' money. Experts, however, say that the stock appears to be in the overbought zone now
On the Multi Commodity Exchange, silver contracts for September delivery declined by Rs 225 or 0.32 per cent to Rs 71,043 per kg in a business turnover of 18,315 lots.
On the Multi Commodity Exchange, crude oil for August delivery fell by Rs 95 or 1.4 per cent to Rs 6,711 per barrel with a business volume of 7,884 lots.
HDFC Securities is bullish on Multi Commodity Exchange has recommended buy rating on the stock with a target price of Rs 1780 in its research report dated July 31, 2023.
ICICI Direct is bullish on Multi Commodity Exchange recommended buy rating on the stock with a target price of Rs 1700 in its research report dated February 07, 2023.
HDFC Securities is bullish on Multi Commodity Exchange has recommended buy rating on the stock with a target price of Rs 1800 in its research report February 06, 2023.
On the Multi Commodity Exchange, crude oil for January delivery traded higher by Rs 78 or 1.19 per cent at Rs 6,627 per barrel in 3,993 lots.
ICICI Direct is bullish on Multi Commodity Exchange recommended buy rating on the stock with a target price of Rs 1700 in its research report dated October 27, 2022.
On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 44 or 0.09 per cent at Rs 50,624 per 10 gram in a business turnover of 11,607 lots.
On the Multi Commodity Exchange, silver contracts for December delivery gained Rs 192 or 0.33 per cent to Rs 57,940 per kg in 17,664 lots.
On Wednesday, gold prices rose by Rs 83 to Rs 51,385 per 10 grammes in futures trade as investors opened new positions in response to strong spot demand.
ICICI Direct is bullish on Multi Commodity Exchange has recommended buy rating on the stock with a target price of Rs 1600 in its research report dated May 18, 2022.
ICICI Direct is bullish on Multi Commodity Exchange has recommended buy rating on the stock with a target price of Rs 2000 in its research report dated January 31, 2021.
ICICI Direct is bullish on Multi Commodity Exchange has recommended buy rating on the stock with a target price of Rs 2000 in its research report dated October 26, 2021.
As part of Project Udaan, TCS will help MCX (Multi Commodity Exchange) build a new technology core, transforming its trading as well as post-trade functions.
ICICI Direct is bullish on Multi Commodity Exchange has recommended buy rating on the stock with a target price of Rs 2000 in its research report dated July 27, 2021.
ICICI Direct is bullish on Multi Commodity Exchange has recommended buy rating on the stock with a target price of Rs 2000 in its research report dated January 24, 2021.
ICICI Direct is bullish on Multi Commodity Exchange recommended buy rating on the stock with a target price of Rs 2000 in its research report dated October 29, 2020.
IFSCA, the newly appointed regulator, is looking at having a consortium set up a bullion exchange rather than permitting individual/multiple exchanges
Smaller Cap World Fund bought an additional 5,32,147 equity shares in Multi Commodity Exchange of India (1.04 percent of its total paid-up equity) at Rs 1,759.93 per share on the NSE
The liquidity enhancement scheme, popularly known as market making, will start from September 1, MCX said in a circular.
Arihant Capital recommended hold rating on Multi Commodity Exchange with a target price of Rs 1873 in its research report dated July 29, 2020.