During the auction, the government stock up to 10 per cent of the notified amount of the sale of each stock will be allotted to eligible individuals and institutions. The allotment will be subject to a maximum limit of one per cent of its notified amount for a single bid per stock as per the scheme for non-competitive bidding facility. Individual investors can also place bids as per the noncompetitive scheme through the Retail Direct portal.
MCX shares gain 3%, surge 12% in just 5 sessions. What’s behind the sharp rally?
MCX shares rose sharply on Wednesday, extending a five-day rally with total gains of 12%. The surge is driven by rising commodity prices and higher