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Paras Defence, MCX, Honasa among 33 stocks face dividend deadline
Under Sebi's T+1 settlement cycle, investors need to purchase a company's shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (August 28), making them eligible for the dividend.
HDFC Securities sees MCX growth on regulatory tailwinds
The brokerage expects FPI participation in deliverable contracts and new bullion and metals index options to drive the next leg of growth, with a potential 20-25% increase in options premium. It also sees structural headroom for volume growth as commodity derivatives remain a small share of equity-market trading. HDFC Securities has set a target price of Rs 3,600 apiece, implying a potential upside of 18.42% from MCX's August 18 close of Rs 3,040 apiece on the NSE.
MCX to invest ₹200 crore in coal, minerals exchanges
MCX has announced a ₹200 crore investment to launch dedicated trading platforms for coal and minerals, aiming to improve price discovery in these commodities. The move comes as India seeks to deepen its commodity markets beyond traditional metals and energy. The exchanges are expected to provide a regulated marketplace for domestic and international participants.
MCX expects wider FPI participation as SEBI proposes delivery-based access
Praveena Rai, Managing Director and CEO of Multi Commodity Exchange of India (MCX) said foreign investors have so far avoided commodity contracts that require physical delivery.
MCX shares rise 2% as JPMorgan upgrades after Sebi proposal
In a consultation paper issued on Tuesday, the Securities and Exchange Board of India (Sebi) listed proposals aimed at widening the scope of FPI participation in commodity derivatives. At present, overseas investors can trade in non-agricultural commodity derivative contracts that are only cash-settled. For commodity index derivatives, FPIs currently can participate only where the index and its underlying contracts are cash-settled.
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