MCX gains on plans to start equity trading in mid-Nov
By IRIS
11th September 2012 12:18 PM
Multi CommodityExchange of India (MCX) gained on Tuesdayon
plansto formally start stock trading around the Diwali festival in
mid-November, chief executive Joseph Massey said.
In July, MCX secured approvalfrom
themarket regulator Securities and Exchange Board of India (SEBI)
to trade in equities, equity futures, interest rate futures and
wholesale debt products.Shares of the company are trading at Rs
1,184, up Rs 15.45, or 1.32% at the Bombay Stock Exchange (BSE) on
Tuesday at 9:30 a.m.The scrip has touched an intra-day high of Rs
1,186.90 and low of Rs 1,170. The total volume of shares traded at
the BSE is 4,113.In the earlier session, the shares lost 0.96%, or
Rs 11.35, at Rs 1,168.55. Currently, the stock is trading down
16.97% from its 52-week high of Rs 1,426 and above 41.29% over the
52-week low of Rs 838.
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