Intraday Trading Dynamics and Price Movement
The stock opened the day with volatility, touching an intraday low of Rs 2,145.2, down 3.9% from the prior session. However, it quickly reversed course, climbing steadily to reach its peak at Rs 2,337.1, representing a 4.7% gain within the trading session. By close, Multi Commodity Exchange of India Ltd recorded a day change of 5.15%, significantly outperforming the Sensex’s 1.12% gain and the Capital Markets sector by 4.08%.
This intraday strength was accompanied by the stock trading above its 50-day, 100-day, and 200-day moving averages, signalling sustained medium- and long-term support levels. However, it remained below its 5-day and 20-day moving averages, indicating some short-term consolidation before the breakout.
Market Context and Sector Performance
The broader market environment on 2 Feb 2026 was characterised by a sharp recovery in the Sensex, which rebounded from an initial negative opening of -167.26 points to close 1,098.27 points higher at 81,653.95, a 1.15% gain. Despite the Sensex trading below its 50-day moving average, the 50DMA itself remained above the 200DMA, suggesting a generally positive medium-term trend. Mega-cap stocks led the market rally, providing a supportive backdrop for mid-cap performers like Multi Commodity Exchange of India Ltd.
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Performance Metrics and Historical Trends
Multi Commodity Exchange of India Ltd’s recent performance underscores its strong momentum relative to the broader market. The stock’s one-day gain of 5.01% notably outpaced the Sensex’s 1.12% rise. Over the past week, the stock appreciated by 2.69%, compared to the Sensex’s marginal 0.11% increase. The one-month performance further highlights resilience, with a 5.82% gain against the Sensex’s 4.82% decline.
Longer-term trends are even more pronounced. Over three months, the stock surged 26.72%, while the Sensex declined 2.75%. The one-year performance shows a remarkable 103.97% increase, dwarfing the Sensex’s 5.32% gain. Year-to-date, the stock has risen 5.22%, contrasting with the Sensex’s 4.21% loss. Over three, five, and ten years, Multi Commodity Exchange of India Ltd has delivered extraordinary returns of 697.28%, 627.97%, and 1,284.52% respectively, far exceeding the Sensex’s corresponding gains of 36.21%, 63.93%, and 232.66%.
Mojo Score Upgrade and Market Capitalisation
On 18 Nov 2025, the company’s Mojo Grade was upgraded from Buy to Strong Buy, reflecting improved confidence in its fundamentals and market positioning. The current Mojo Score stands at 82.0, indicating robust quality and growth prospects. The Market Cap Grade is rated 2, consistent with its mid-cap status within the Capital Markets sector.
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Trading Action and Sector Comparison
The stock’s intraday volatility, with a swing from a low of Rs 2,145.2 to a high of Rs 2,337.1, reflects active trading interest and a strong recovery within the session. This rebound follows two consecutive days of declines, signalling a potential trend reversal. The outperformance relative to the Capital Markets sector by 4.08% today highlights the stock’s relative strength amid broader market fluctuations.
While the Sensex and mega-cap stocks led the market rally, Multi Commodity Exchange of India Ltd’s mid-cap status and strong intraday gains underscore its capacity to outperform in a mixed market environment. The stock’s position above key moving averages supports the technical strength observed during the session.
Summary of Key Intraday Data
On 2 Feb 2026, Multi Commodity Exchange of India Ltd’s stock price ranged between Rs 2,145.2 and Rs 2,337.1, with the day’s high representing a 4.7% increase and the low a 3.9% decline relative to the previous close. The closing gain of 5.15% was well above the Sensex’s 1.12% rise, reinforcing the stock’s strong intraday momentum.
The stock’s trading above its 50-day, 100-day, and 200-day moving averages, despite being below the 5-day and 20-day averages, suggests a consolidation phase with underlying strength. This technical setup may have contributed to the sharp intraday recovery and the strong finish.
Market Sentiment and Broader Implications
The broader market’s sharp recovery from an initial negative opening to a 1.15% gain in the Sensex provided a positive environment for stocks across sectors. Mega-cap leadership in the rally was complemented by mid-cap performers such as Multi Commodity Exchange of India Ltd, which capitalised on the momentum to register a significant intraday advance.
The stock’s performance today adds to its impressive track record of outperformance over multiple time horizons, reinforcing its status as a key player within the Capital Markets sector.
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