Key Events This Week
29 Dec 2025: New 52-week high at Rs. 11,218.45 and all-time high at Rs. 11,189.1
31 Dec 2025: Robust trading activity with sharp open interest surge
2 Jan 2026: New 52-week high at Rs. 2,277 and all-time high milestone
2 Jan 2026: Week closes at Rs. 2,215.15 (+0.15%)
29 December 2025: New 52-Week and All-Time Highs Amid Mixed Market
MCX began the week on a strong note, hitting a new 52-week high of Rs. 11,218.45 and an all-time high of Rs. 11,189.1 on 29 December 2025. The stock gained 0.65% and 0.86% respectively on these milestones, outperforming the Capital Markets sector and the broader Sensex, which declined 0.13% that day. This marked the seventh consecutive day of gains for MCX, delivering a cumulative return of over 10.9% during this period.
The stock’s price comfortably exceeded all key moving averages, signalling sustained bullish momentum. Institutional investors held a commanding 79.51% stake, reflecting strong confidence. Despite a premium valuation with a Price to Book ratio of 27, the Price/Earnings to Growth ratio of 0.8 suggested earnings growth was supporting the elevated price levels.
31 December 2025: Robust Trading Activity and Surge in Open Interest
On the last trading day of 2025, MCX emerged as one of the most actively traded stocks by value, with a volume of 1,18,304 shares and traded value of ₹13,115.63 lakhs. The stock closed at Rs. 11,126, just 0.88% below its 52-week high, registering a 2.21% gain for the day. This outperformance extended to the Capital Markets sector and Sensex, which rose 0.43% and 0.17% respectively.
Simultaneously, MCX saw a sharp 10.75% surge in open interest in its derivatives segment, with 46,410 contracts traded, indicating fresh bullish positioning by market participants. The futures and options segments combined for a derivatives value exceeding ₹1,04,443.90 lakhs. Rising delivery volumes, nearly doubling the five-day average, further confirmed genuine accumulation rather than speculative trading.
Technically, the stock remained above all key moving averages, reinforcing the ongoing uptrend and attracting institutional interest despite a recent downgrade from Strong Buy to Buy by MarketsMOJO.
This week's revealed pick, a Large Cap from Public Banks with TARGET PRICE, is already showing movement! Get the complete analysis before it's too late.
- - Target price included
- - Early movement detected
- - Complete analysis ready
1 January 2026: Price Correction Amid Lower Delivery Volumes
MCX experienced a mild correction on 1 January 2026, with the stock price declining 1.34% to Rs. 2,197.72. This dip occurred despite the Sensex gaining 0.14% that day. Delivery volumes fell by 25.41% compared to the five-day average, suggesting a reduction in long-term investor participation. The stock traded below its key moving averages, indicating a short-term consolidation phase within a broader trading range.
Despite this, MCX maintained strong liquidity, with the capacity to handle sizeable trades without significant price impact, supporting its attractiveness to institutional investors.
2 January 2026: New 52-Week and All-Time Highs with Strong Volume
MCX rebounded strongly on 2 January 2026, hitting a new 52-week high of Rs. 2,277 and an all-time high closing price near Rs. 2,243.69. The stock gained 0.79% intraday and closed with a 2.52% daily gain, outperforming the Sensex’s 0.81% rise and the Capital Markets sector by 1.6%. Trading volume surged to 5,07,209 shares, with a traded value of ₹255.33 crores, placing MCX among the highest value turnover stocks of the day.
Despite the strong price action, MCX remained below its key moving averages, signalling ongoing short-term consolidation. Institutional ownership remained robust at 79.51%, supporting the stock’s stability. The company’s fundamentals continued to impress, with operating profit growing at an annualised rate of 26.29%, net sales reaching record quarterly highs, and operating cash flow peaking at Rs. 950.13 crore.
Get the full story on Multi Commodity Exchange of India Ltd! Our detailed research dives into fundamentals, sector comparison, technical analysis, and valuations for this mid-cap. Make informed decisions!
- - Full research story
- - Sector comparison done
- - Informed decision support
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2025-12-29 | Rs.2,187.56 | -1.10% | 37,140.23 | -0.41% |
| 2025-12-30 | Rs.2,179.06 | -0.39% | 37,135.83 | -0.01% |
| 2025-12-31 | Rs.2,227.68 | +2.23% | 37,443.41 | +0.83% |
| 2026-01-01 | Rs.2,197.72 | -1.34% | 37,497.10 | +0.14% |
| 2026-01-02 | Rs.2,215.15 | +0.79% | 37,799.57 | +0.81% |
Key Takeaways from the Week
MCX demonstrated resilience and momentum despite a broadly stronger Sensex. The stock’s ability to hit new 52-week and all-time highs twice during the week highlights its underlying strength. Robust trading volumes and a significant surge in derivatives open interest on 31 December signal strong institutional and trader confidence.
However, the stock’s trading below key moving averages on some days and a dip in delivery volumes on 1 January suggest short-term consolidation and cautious positioning by long-term investors. The recent downgrade from Strong Buy to Buy by MarketsMOJO reflects a tempered outlook, balancing premium valuation against solid fundamentals and earnings growth.
Institutional ownership remains high at 79.51%, providing stability and confidence in the stock’s prospects. The company’s strong financial metrics, including a 26.29% annualised operating profit growth and record quarterly sales and PBDIT, underpin the price momentum.
Conclusion: Sustained Momentum Amid Mixed Signals
Multi Commodity Exchange of India Ltd’s week was characterised by strong price milestones, active trading, and robust institutional participation. While the stock’s 0.15% weekly gain modestly lagged the Sensex’s 1.35% advance, MCX’s multiple new highs and elevated derivatives activity underscore its leadership within the capital markets sector.
Short-term technical indicators suggest some consolidation, but the company’s solid fundamentals and high institutional stake provide a strong foundation for continued interest. Investors should monitor price action relative to moving averages and delivery volume trends to assess the sustainability of the current momentum.
Overall, MCX remains a key mid-cap stock with a compelling combination of growth, liquidity, and market positioning, navigating a complex market environment with measured strength.
Only Rs. 9,999 - Get MojoOne + Stock of the Week for 1 Year (MRP = Rs. 34,999) Start Saving Now →
