Multi Commodity Exchange is trading at ₹2,981.90, up 3.00%, after a SEBI proposal to permit foreign portfolio investors in non-cash-settled, non-agricultural commodity derivatives was viewed by analysts as broadening participation and benefiting MCX.
- The move extends a strong rally after MCX gold and silver futures rose amid Strait of Hormuz tensions.
- Bitcoin and Ethereum were only modestly higher: BTC +0.23%, ETH +0.53%, so crypto was not a primary driver.