MCX shares hit new 52-week high as regulatory signals and metal rally lift sentiment

MCX shares surged over 5 percent to a fresh 52 week high on December 22 after comments from SEBI Chairman Tuhin Kanta Pandey signalled potential reforms in the commodity derivatives market. The stock also benefited from a sharp rally in gold and silver prices, which lifted trading activity expectations. Pandey said SEBI is working with the RBI and IRDAI to enable participation of banks and insurers in commodity derivatives, a move seen as positive for liquidity. The exchange further gained attention after announcing its first-ever stock split, adding to investor interest amid strong recent performance.