MCX dips after SEBI chair's comments on banks, insurers investment into commodity derivatives

Multi Commodity Exchange Of India

04/05/2026 06:42

** Shares of Multi Commodity Exchange of India MCEI.NS drop 2% to 2,921.30 rupees

** India markets regulator's chair says SEBI "not inclined" to allow banks and insurance companies to invest in commodities derivatives

** Shares of commodities bourse operator were flat before SEBI chair's comments

** Avg rating of 12 analysts on MCX at "buy"; median PT is 2,925 rupees - LSEG-compiled data

** YTD, stock up 30.8%

(Reporting by Kashish Tandon in Bengaluru)

((Kashish.tandon@thomsonreuters.com))