MCX amongst top gainers on BSE

MCX is currently the top gainer on the BSE, up over 3% at Rs.907, with an intra day high and low at Rs.912 and Rs.884 respectively. Volumes are not very high at around 8000 shares v/s 17,000 shares being traded over past two weeks average.

The stock is up today mainly on sentimental reasons. The company’s dedicated debt segment has gone live from today, to facilitate trading and settlement in all debt securities on a single platform, in line with the mechanism in place globally in the fixed income markets.  It would offer retail and institutional market for the debt segment in line with Sebi guidelines and the market timings would be from 9 am to 5 pm.

The timing of the launch of MCX comes at a time when the exchange’s equity segment daily turnover crossed Rs.1000 crore and turnover of its flagship stock index 'SX40' crossed Rs 500 crore mark.