Shares of Multi Commodity Exchange of India (MCX) surged nearly 6 per cent on Tuesday, October 14, 2025, as markets rebounded in early trade, driven by buying in IT stocks, optimism over India-US trade talks, and a sharp rally in the US markets. The stock opened with a gain of 1.43 per cent at Rs 9,065.50 against the previous close of Rs 8,937 on the BSE. Amid buying, the stock surged further to touch the intraday high of Rs 9,457.45, representing a gain of 5.82 per cent from the previous close. This is also the company's fresh 52-week high. The 52-week low is Rs 4,408.15, hit on March 11, 2025.
Stock has been gaining for the last two days and has given 7.15 per cent returns in the period. Technically, the stock trades higher than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages.
MCX revises nickel future specifications
Earlier, commodity bourse MCX announced modifications to the contract specifications of nickel futures contracts.
The modifications, effective from August 18, include changes to the trading unit, expiry date, and delivery arrangements.
"These modifications are part of MCX's ongoing efforts to make Nickel futures contracts more efficient, transparent, and aligned with evolving market needs," MCX Managing Director and Chief Executive Officer Praveena Rai said.
By reducing the trading unit, revising expiry schedules, and streamlining delivery processes, the exchange aims to provide market participants with greater flexibility, improved liquidity, and a product structure that matches global benchmarks, he added.
As per the modifications, the trading unit will be reduced from 1,500 kgs to 250 kgs, effective for the September 2025 expiry contract and onwards.
The last trading day of the contract will be shifted from the last calendar day of the expiry month to the third Wednesday of the expiry month, or the preceding working day in case of a holiday.
