MCX shares tumble 20% in 3 days as gold and silver prices experience a significant decline, impacting volume and earnings. This volatility stems from speculation surrounding US monetary policy and the Federal Reserve chair nomination. Despite external pressures, MCX reported a substantial 151% year-on-year jump in net profit for Q3FY26, driven by robust operational performance and increased trading activity.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets