Multi Commodity Exchange is trading 3.6% up at ₹3038.90 after announcing plans to invest up to ₹200 crore in dedicated coal and minerals trading platforms.
- SEBI approval could broaden the exchange’s business into physical spot trading, improving domestic price discovery and transparency.
- Bitcoin was only modestly higher and Ethereum declined; Indian benchmarks opened lower amid geopolitical concerns, pointing to a company-specific catalyst.