MCX rallies 9%; trades at 52-week high

Multi Commodity Exchange of India Ltd is currently trading at Rs. 1353, up by Rs. 106.35 or 8.53% from its previous closing of Rs. 1246.65 on the BSE.

Securities and Exchange Board of India (SEBI) allowed commodity derivative exchanges to launch options contracts for trading with the aim of increasing liquidity and attracting more investors to the commodities market.

The scrip opened at Rs. 1282.25 and has touched a high and low of Rs. 1400 and Rs. 1282.25 respectively. So far 3380983 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 6357.92 crore.

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