Latest Highlights (as of June 9, 2025)
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Current Price & Movement
MCX shares surged ~6% today to trade around ₹7,865–7,888 on BSE/NSE . -
All-Time High
The stock hit a record high of ₹7,971.00 following SEBI’s approval for electricity derivatives—India's first in this space -
Trading Range & Volume
— Today's intraday range: ~₹7,525–₹7,970
— Market cap stands ~₹37,800–₹40,200 crore .Market Context & Analyst Insights
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Dominant Market Position: MCX controls around 96% of India’s commodity derivative trading, spanning metals, energy, and bullion
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Outlook: Analysts maintain a “Buy” recommendation overall, though average 12‑month price targets (~₹6,200) imply a potential downside from current levels .
What’s Driving the Rally?
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SEBI green-lit electricity derivatives on June 9—India’s first—has significantly deepened MCX’s product offering
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Market analysts suggest this launch will boost market liquidity and risk management in the energy commodities sector, attracting institutional interest
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