Shares of Multi Commodity Exchange of India Ltd ( ) gained 2.52 per cent in Monday's trade, reaching a high of Rs 9,244.90 on BSE. The stock advanced after the exchange announced the launch of monthly options contracts on its bullion index -- MCX iCOMDEX Bullion Index (MCX BULLDEX). Advertisement

MCX BULLDEX represents the precious metals segment and is composed of the highly traded MCX Gold and Silver Futures contracts. The newly introduced options contracts aim to provide market participants with an efficient and versatile risk management tool that combines diversified exposure with the flexibility of options trading.

The index offers balanced exposure to both gold and silver, enabling investors and institutions to manage price risks in a convenient and cost-effective manner. This lau

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