BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Open|| Long (1Y)
Motilal Oswal Recommends 'Buy' On MCX
According to Motilal Oswal, MCX's beat on the margin front was driven by higher-than-expected revenues and better cost control. The exchange's average daily turnover is still lower compared to the January-March period, a sharp rally in gold prices and normalisation of margin requirements in the crude segment should drive recovery, the brokerage adds.