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Legal▼ Bearish for MCX
MCX receives GST notice proposing ₹103 crore tax, interest and penalty for FY23
The brief
- MCX received a GST notice proposing ₹103 crore in tax, interest and penalty for FY23
- MCX shares closed at ₹3,300, up 1.79% on the BSE
- The proposed tax liability may weigh on MCX, though shares rose in the reported session
- Gold falls 2.4%, silver 3.5% on MCX: What is driving the sell-off
- Gold Loses Shine: Yellow Metal Prices Fall By Over Rs 3,000 To Below Rs 1,50,000
- MCX revenue seen growing 19% annually through FY30, says Macquarie
- MCX revenue seen rising 19% annually through FY30 on wider investor, product base: Report
- Indian stock market slides, but 28 Nifty 500 stocks hit fresh 1-year highs this week; MCX, PVR Inox among them