MCX Shows Resilience Amidst Market Challenges with Notable Recent Gains

Jan 15 2025 11:20 AM IST
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On January 15, 2025, the Multi Commodity Exchange of India (MCX) demonstrated notable activity, achieving a significant gain and outperforming its sector. Despite a challenging month, MCX's recent performance highlights its resilience in the finance and NBFC industry, maintaining its status as a Reliable Performer on MarketsMojo.
Multi Commodity Exchange of India (MCX) has exhibited significant activity on January 15, 2025, with a gain of 3.53%, allowing it to outperform its sector by 3.14%. Over the last two days, the stock has accumulated a total return of 5.61%, indicating a positive trend.

On this day, MCX reached an intraday high of Rs 5890, reflecting a rise of 3.27%. In terms of moving averages, the stock is currently positioned above its 5-day and 200-day moving averages, although it remains below the 20-day, 50-day, and 100-day moving averages.

Despite facing a challenging month with a decline of 9.67%, MCX continues to be recognized as a Reliable Performer on MarketsMOJO since October 25, 2024, and has been part of the MOJO Stocks category since August 8, 2024. This recent performance underscores its resilience within the finance and NBFC industry, enhancing its overall market presence.
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