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Broker call▲ Bullish for MCX
MCX revenue seen growing 19% annually through FY30, says Macquarie
The brief
- MCX revenue is forecast to grow 19% annually through FY30
- Options notional turnover is seen reaching ₹3,220 lakh crore by FY30; traded clients number 2.1 million
- Higher trading activity could support MCX earnings and benefit its shareholders
- Gold price outlook: MCX gold slips for the week as US Fed rate hike bets rise; what’s next for the yellow metal?
- Indian stock market slides, but 28 Nifty 500 stocks hit fresh 1-year highs this week; MCX, PVR Inox among them
- Gold Edges Higher Even As US Treasury Yields Spike: Will MCX Rates Break Rs 1.55 Lakh Resistance?
- Nifty holds 23,000, Sensex up 44 pts; Axis Bank, Asian Paints gain as IT, Pharma drag
- MCX shares slip after hitting record high; here's why the stock is in focus
MCX revenue growth projections through FY30
MCX revenue is projected to grow at a 19% annual rate through FY30, attributed to a wider investor and product base. Macquarie forecasts options notional turnover reaching ₹3,220 lakh crore by FY30.
Monday, 28 September
- MCX revenue seen growing 19% annually through FY30, says Macquarie