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Capital market stocks shine in FY26; MCX India tops chart with 143% rally
India’s capital markets stocks delivered strong gains in FY26, with the Nifty Capital Markets Index rising 35%, making it the second-best performing sector after PSU banks. Multi Commodity Exchange of India led the rally with a 143% surge, while brokerages, exchanges, and wealth management firms benefited from rising investor participation.
cityfalcon.com·25d ago
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Can MCX silver price in India touch ₹3 lakh as Israel attacks Iran today
… the Multi Commodity Exchange of India (MCX) surged sharply on Friday … ( UAE ), as well as in Doha and Riyadh, hours after Israel and … as “major combat operations” against Iran . The escalating geopolitical conflict is …
cityfalcon.com·1mo ago
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Indian shares snap three-day winning streak led by IT, metal losses
Indian share benchmarks ended a three-day winning run on Thursday, tracking a global selloff in information technology and metal stocks, while optimism over the U.S. trade deal moderated. The Nifty 50 closed 0.52% lower at 25,642.8, while the BSE Sensex lost 0.6% to 83,313.93. Fourteen of 16 major sectors logged losses. The broader small-caps and mid-caps fell 1.3% and 0.3%, respectively. Heavyweight financials lost 0.4% and Reliance Industries fell 0.9%, after jumping about 4% and 8%, respectively, in the last three sessions. “We are witnessing profit booking after the jump post-U.S. trade deal. But the outlook is constructive as foreign flows look to be improving. This is reflected in Wednesday’s FPI number as they were net buyers even when the IT index was down 6%,” said Pankaj Pandey, head of retail research at ICICI Securities. IT stocks dropped 0.6%, extending Wednesday’s 6% slump, as concerns over artificial intelligence-driven disruption kept investor sentiment subdued towards software companies. “Redirection of clients’ tech budgets towards AI spends may lead to near-term headwinds for IT software and services companies fighting for the same pie,” said Sorbh Gupta, head of equity at Bajaj Finserv Asset Management.
cityfalcon.com·2mo ago
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Mumbai News: Special Court Closes ED Money Laundering Case Against MCX, Jignesh Shah After CBI Closure
A special court has closed the Enforcement Directorate’s money laundering case against Multi Commodity Exchange of India Ltd and its promoters, including Jignesh Shah, after the CBI’s predicate offence case was officially closed and accepted by the court, rendering PMLA proceedings unsustainable.
cityfalcon.com·2mo ago
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FTSE Index Rejig: Indian Overseas Bank, MCX among eight Indian stocks to join All-World Index from September 22
The eight Indian companies joining the global index are Indian Overseas Bank, Authum Investments, Hexaware Technologies, Cholamandalam Financial Holdings, Godfrey Phillips India, JK Cement, Multi Commodity Exchange of India (MCX), and Narayana Hrudayalaya.
cityfalcon.com·7mo ago
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