Multi Commodity Exchange of India (MCX) shares soared to a record high after UBS increased its price target to ₹10,000, driven by a robust volume outlook and anticipated new product launches. UBS anticipates sustained strong trading volumes in key commodities, despite geopolitical uncertainties. The ‘Buy’ rating reflects confidence in MCX’s near- to medium-term growth prospects.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets