Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1712.15
Change Change %
18.05 1.07%

Updated:11 Aug, 2020, 09:39 AM IST

BSE
1713.35
Change Change %
18.45 1.09%

Updated:11 Aug, 2020, 09:46 AM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Motilal Oswal
N/A
28-07-2020 Buy 1705.30 1800.00
N/A
Open Long (1Y)
28-07-2021

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.

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