MCX opens new year session on sedate note; know why it can flourish or decline in 2024

▤ Summary

MCX Share Price: Multi Commodity Exchange of India (MCX) shares started the new year on a sedate note as they fell over one per cent in morning deals on BSE on Monday (January 1, 2024). As the MCX stock trades lower in the first session of the year, here the Zee Business research team gives reasons why it can scale new heights and plumb new depths in the rest of the year. Why MCX stock can go lower The companys software problems have ended, but the it will have to pay the payments till December. There was a 21.6 per cent decline in MCXs future ADT in the second quarter. Product concentration is high risk, which doesnt bodes well for the exchange.

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