Synopsis:

MCX‍‌‍‍‌‍‌‍‍‌ shares dropped on the news that SEBI might not permit weekly expiries; thus, a volume growth that is going to be missed is creating concerns.

The shares of this leading commodity exchange, which has a staggering market share of nearly 99 percent in the commodity futures market, are in focus after a key report from SEBI. In this article, we will dive deep into the details of it.

With a market capitalisation of Rs 51,287 crore, the shares of Multi Commodity Exchange of India Ltd reached a day’s low of Rs 9,988 per share, down 3 percent from its day’s high price of Rs 10,307 per share. Over the past five years, the stock has delivered a robust return of 540 percent, outperforming NIFTY 50’s return of 96 percent.

The reason behind the fall

According‍‌‍‍‌‍‌‍‍‌ t

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