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MCX shares gain 3%, surge 12% in just 5 sessions. What’s behind the sharp rally?

MCX shares rose sharply on Wednesday, extending a five-day rally with total gains of 12%. The surge is driven by rising commodity prices and higher trading volumes, boosting earnings visibility. Strong Q3 results, including a 151% profit jump and robust turno…

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MCX shares gain 3%, surge 12% in just 5 sessions. What’s behind the sharp rally?

MCX shares rose sharply on Wednesday, extending a five-day rally with total gains of 12%. The surge is driven by rising commodity prices and higher trading volumes, boosting earnings visibility. Strong Q3 results, including a 151% profit jump and robust turno…

Shares of Multi Commodity Exchange of India rose as much as 3% to hit an intraday high of Rs 2,849 on the BSE on Wednesday, extending their rally for a fifth straight session and taking cumulative ga…

Originally published by The Times of India. Read the full article →

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