MCX electricity derivatives Archives

Stocks to Track on June 10: MCX, HCLTech, Tata Investment, Bajaj twins, other scrips in focus

Topnewsplus4 months ago05 mins

The Indian equity markets are set for an active session on June 10 as investors eye a mix of strong corporate earnings, strategic acquisitions, and dividend plays amid a bullish macroeconomic backdrop. The RBI’s recent 50 basis points repo rate cut and CRR easing have further driven optimism across sectors, making certain stocks stand out…

MCX shares surge over 6% after SEBI approves launch of electricity derivatives

Topnewsplus4 months ago05 mins

Shares of Multi Commodity Exchange of India (MCX) jumped 6.32 per cent to Rs. 7,888.35 after the company announced it had received approval from the Securities and Exchange Board of India (SEBI) to launch electricity derivatives. The move is expected to significantly benefit power generators, distribution companies, and large consumers by allowing them to hedge…