MCX share price nosedives after SEBI's gag on commodity derivative platform launch
MCX share price: After market regulator, Securities and Exchange Borad of India (SEBI) asking Multi Commodity Exchange (MCX) to keep its Commodity Derivative Platform (CDP) launch in abeyance, MCX shares witnessed heavy sell off pressure during early morning session. The monopoly stock opened lower in the opening bell at ₹1,970 per share and went on to hit intraday low of ₹1,913.25 per share within few minutes of stock market's opening today, logging near 9 per cent dip from Thursday close of ₹2,096.55 levels.
MCX share price climbed to new life-time high of ₹2,114.40 per share on NSE during Thursday deals after MCX announced to launch Commodity Derivative Platform on 3rd October 2023. The exchange also declared to schedule mock session on 2nd October 2023.
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