Page 48 - Multi Commodity Exchange News Today

MCX informed the BSE that writ petitions filed by the CFMA on the commodity derivatives platform is pending before the Madras high court for disposal.

Sebi has shared a letter from Chennai Financial Markets and Accountability (CFMA) dated September 27 with MCX, regarding CDP.

The planned migration to this platform, which was expected to take place by October 3, is now unlikely to occur within the initial projected timeframe.

Indian shares edged up on Friday, led by advances in banks and metal companies, while a fall in the information technology stocks after bellwether Accenture forecast downbeat year limited gains. ...

Check gold rates today in different cities on September 29, 2023; (In Rs/10 grams)

Heavyweights Reliance Industries, HDFC Bank and ICICI Bank helped the gains. Among sectors, Nifty Pharma and Nifty Metal led the rally with 2.7 percent and 1.5 gains

In Q2 FY24, Nifty surged 449 points or 2.3% to 19638, while Sensex advanced 1,110 points or 1.7% to 65,828. In Fridays trade, the market capitalisation of all listed companies on BSE surged by Rs 2.43 lakh crore, while in Q2, it advanced Rs 22.6 lakh crore to Rs 319.08 lakh crore

At around 9:50 am, MCX shares were down 8.30 per cent at Rs 1,922.50 apiece on the National Stock Exchange (NSE).

Except information technology, all sectoral indices ended in the green, with metal, power, oil & gas, PSU Bank and healthcare gaining 1-2.7 percent

The above action has been taken by the market regulator in view of the writ petitions filed by Chennai Financial Markets and Accountability (CFMA) on Commodity Derivatives Platform (CDP). "It may be noted that writ petitions filed by CFMA on CDP are pending before the Honble Madras High Court for disposal," MCX said in an exchange filing said.