MCX hits ₹10,000 milestone as sustained multi-year rally draws stronger brokerage targets

MCX shares surged past ₹10,000 for the first time after a sharp multi-year rally, prompting brokerages to raise targets as investor sentiment strengthens further.

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MCX hits ₹10,000 milestone as sustained multi-year rally draws stronger brokerage targets

MCX hits ₹10,000 milestone as sustained multi-year rally draws stronger brokerage targets
Multi Commodity Exchange of India (MCX) shares climbed nearly four percent on November 26 to reach a new lifetime high of ₹10,250, crossing the ₹10,000 mark for the first time. The stock has risen 132 percent in eight months, rebounding sharply from its March low of ₹4,408. Longer-term performance remains strong, with gains of more than 530 percent over five years and over 685 percent since listing.
Companies:
  • MCX
  • Axis Capital
  • UBS
Tags:
  • stocks
  • markets