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Multi Commodity Exchange (MCX) shares rise 2%

IndiaTimes Monday, 9 October 2023
Shares of Multi Commodity Exchange (MCX) rose 2% after receiving approval from Sebi's tech panel to launch a new web-based commodity derivatives platform. The stock initially rallied 4.8% but ended 1.9% higher. MCX's shares hit a 52-week peak during the day. The approval came after Sebi advised the company to delay the launch of the platform, but later withdrew its directions.
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