MCX is currently the top gainer on the BSE, up almost 7% at Rs.414.95, with an intra day high at Rs,423.60. Volumes have spiked up over 1.5 times.

The stock has jumped up after the company announced today morning that Forward Markets Commission (FMC) has given its nod to Blackstone GPV Capital Partners to increase its stake in the exchange up to 4.99% through secondary market transaction. Merrill Lynch and NYSE Euronext are the likely sellers. Some reprieve and

Blackstone GPV Capital currently  owns 10,19,967 shares in MCX, which is 2% of MCX’s paid up equity capital of Rs.51 crore.