Multi Commodity Exchange
Recent Highlights
All Stories for Multi Commodity Exchange
Gold prices fall by Rs 444 to Rs 39,800 per 10 gram in futures trade; participants cut down positions on weak global cues
•Gold prices on Wednesday fell by Rs 444 to Rs 39,800 per 10 gram in futures trade as participants cut down their positions tracking a weak trend overseas
NSEL an 'employee fraud', could have been resolved within six weeks: Jignesh Shah
•More than six years after his erstwhile spot exchange NSEL got engulfed in an alleged Rs 5,600-crore scam, embattled businessman Jignesh Shah has said it was "an employee fraud" done in connivance with some defaulter brokers and it could have been resolved in flat six weeks but for a political conspiracy hatched at that time to help his business rivals
SEBI bars former NSEL director Hariharan Vaidyalingam for 7 years from markets in MCX insider trading case
•In August 2017, SEBI passed an interim order against eight persons, including Vaidyalingam, and also directed impounding the losses averted by them in the trading of MCX shares.
Sebi move to converge commodity, stock trading good for investors but needs more safeguards
Muralidharan •It is for Sebi to consider if it would be kosher for a broker to offer softer brokerage rates to those opting for combo services as opposed to either commodity or stock services.
RBI allows overseas investors to buy stake in MCX
•The aggregate share holdings in Multi Commodity Exchange of India by Foreign Institutional Investors/Registered Foreign Portfolios Investors have gone below the prescribed threshold caution limit
Weak rupee fuels gold to all-time high at Rs 34,500
Fp Archives •The gold in Singapore, which normally set price trend on the domestic front here, dropped by 0.3 percent to 1,419.55 dollar an ounce.
Jignesh Shah quits MCX, says NSEL crisis destroyed 'everything'
Fp Archives •Jignesh Shah, who is embroiled in the Rs 5,600-crore payment imbroglio at NSEL, on Thursday resigned as Non-Executive Vice Chairman of MCX and said this crisis has destroyed "everything" he has worked for all his life.
MCX founder Jignesh Shah resigns from board
Fp Archives •MCX is 26 percent owned by Financial Technologies, of which Jignesh Shah is founder, chairman and CEO.
Gold suffers second biggest fall in a week, tumbles Rs 1,250
Fp Archives •Gold lost Rs 1,085 to Rs 32,575 per 10 grams in Kolkata but at Chennai, it managed to close Rs 130 higher at Rs 30,305 per 10 grams.
Gold futures extend gains, up 0.19% on global cues
Fp Archives •At the Multi Commodity Exchange, metal for delivery in June rose Rs 52, or 0.19 percent