MCX shares jump 4% as gold, silver futures rise. What lies ahead after a 900% rally in 3 years?
MCX shares jumped over 4% as gold, silver and copper futures rose following a US Treasury liquidity support announcement. The stock has delivered stellar returns of around 900% in three years. UBS upgraded MCX to ‘Buy’ and raised its target to Rs 3,800, while HDFC Securities retained its ‘Buy’ rating, citing regulatory easing and strong growth potential
Read the full story at Markets-Economic Times →