MCX hits all-time high as UBS raises price target to Rs 10,000

Multi Commodity Exchange of India (MCX) shares soared to a record high after UBS increased its price target to ₹10,000, driven by a robust volume outlook and anticipated new product launches. UBS anticipates sustained strong trading volumes in key commodities, despite geopolitical uncertainties. The ‘Buy’ rating reflects confidence in MCX’s near- to medium-term growth prospects.

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