Multi Commodity Exchange of India (MCX), the largest commodity exchange in India, witnessed a rise in share price on Friday after the company have signed a Memorandum of Understanding (MoU) for establishing areas of cooperation between the two exchanges.
The MoU is intended to facilitate cooperation between the two exchanges in areas such as knowledge sharing and research, standardization of the product for Indian markets and enhancing transparency in pricing, as well as to explore areas for further collaboration between the exchanges.
Shares of Multi Commodity Exchange of India are trading at Rs 1,129.60, up Rs 30.2, or 2.75% at the Bombay Stock Exchange (BSE) on Friday at 10:45 a.m.
The scrip has touched an intra-day high of Rs 1,139.00 and low of Rs 1,118.55. The total volume of shares traded at the BSE is 22,196.
Total volume of shares traded on the bourses today was lower by 49.59% to 255,089 compared with 22-day average volume of 505,983.