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Multi Commodity Exchange (MCX) shares rise 2%
Shares of Multi Commodity Exchange (MCX) rose 2% after receiving approval from Sebi's tech panel to launch a new web-based commodity derivatives platform. The stock initially rallied 4.8% but ended 1.9% higher. MCX's shares hit a 52-week peak during the day. The approval came after Sebi advised the company to delay the launch of the platform, but later withdrew its directions.
Shares of Multi Commodity Exchange (MCX) rose 2% after receiving approval from Sebi's tech panel to launch a new web-based commodity derivatives platform. The stock initially rallied 4.8% but ended 1.9% higher. MCX's shares hit a 52-week peak during the day. The approval came after Sebi advised the company to delay the launch of the platform, but later withdrew its directions. 
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