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Shares of Multi Commodity Exchange of India Ltd (MCX), the country's largest commodity derivatives exchange, slipped over 5% in early trade today after it announced March quarter earnings. Net profit came at Rs 87.8 crore during the January-March quarter of FY24 against Rs 5.45 crore in Q4 for FY23.
Equity markets seem to be continuing their winning streak on Wednesday, buoyed by strong global sentiment. Today,...
MCX shares plummeted 8% to Rs 3,715 in Wednesday's intraday trade on BSE after the company released its quarterly report, which showed positive results but fell below market estimates for the quarter ending March 2024.
Experts recommend investors to accumulate gold at these levels as interest rates are expected to infuse liquidity into the markets.
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