MCX-SX goes live; sees thin turnover at Rs 12.53 cr
However, its benchmark index SX 40 index did not debut today and may go live in a fortnight as it is waiting for more traction to take the index live, an exchange official, who did not want to be named, said.
MCX-SX has started with 1,116 companies admitted for trading under "permitted to trade" in its capital market segment.
"MCX-SX will soon commence trading in its flagship index SX40, which was launched by the Finance Minister on Saturday," a statement said.
The company had said it would launch the index at 11,419 points with a base value of 10,000 points with the base date being March 31, 2010.
"MCX-SX has registered a turnover of Rs 12.53 crore and nearly 198 trading members enabled for trading. Nearly 198 clearing members enabled (equity segment), whereas 58 clearing members enabled (F&O segment)," it said.
Constituents of SX40 include ACC, Bharti Airtel, Infosys, ITC, RIL and Tata Steel.
However, the index does not have country's largest bank SBI (present in both BSE Sensex and NSE Nifty).
At the end of trade today, NHPC was the top gainer on the bourse as its shares surged 7.14 per cent to Rs 30, while Axis Bank was the second biggest performer as it rose by 2.70 per cent to Rs 1,489.90.
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