The Multi Commodity Exchange of India (MCX) has resumed trading after an hour of halt. The encountered technical issues on July 23, right after the market opened, leading to a suspension of commodity trading on the exchange.
A notification on the MCX website indicated that trading was anticipated to restart at 9:45 AM. Nonetheless, trading remains suspended, and it has not yet resumed.
“As of now market is halted, market is expected to start by 9.45 am,” read a notification on MCX website.
According to the most recent update, the commodity markets were anticipated to commence trading at 10:10 AM. Nevertheless, the market remains shut.
MCX has not provided any information regarding the cause of the trading disruption.
In the meantime, the brokerage firm Zerodha noted that orders can be placed in the NSE Commodity segment.
“Multi Commodity Exchange (MCX) is facing an issue and is currently not accepting orders across all brokers. In the meantime, you can place orders in the NSE Commodity segment (NCO),” Zerodha said in a post on X.
MCX’s stock performance
The share price of Multi Commodity Exchange has fallen 3% in the last five trading sessions. MCX has declined by 1.5% in the past one month. However, the share price has risen by 40% in the last six months and has given a multibagger return in the last one year, gaining 110%.