MCX shares slipped sharply as investors booked profits following a strong rally driven by robust Q1 earnings and a stock split announcement. The exchange posted record quarterly revenue and an 83% YoY jump in net profit, supported by higher trading volumes and product expansion.
Jio Platforms’ IPO-linked inflows boost rupee; elevated oil prices spur caution
The Indian rupee experienced a notable increase as Jio Platforms’ IPO attracted significant foreign investments. Despite this strength, rising oil prices raised concerns among traders