MCX Traders are currently facing issues due to a technical glitch, which has led to a decline in share prices for the second consecutive day. The share price of the Multi Commodity Exchange (MCX) dropped by 1.21% to Rs 8,055.00, marking its lowest level since July 11.
Trading Platform Glitches
The Multi Commodity Exchange of India has been experiencing technical glitches on its trading platform, resulting in a decline in its stock value. Investors have reported that MCX is not accepting orders through various brokers, including Zerodha.
Despite the issues, MCX has yet to release an official statement addressing the situation. Zerodha, a prominent brokerage firm, has advised its clients to place their orders on the National Stock Exchange’s commodity segment until the matter is resolved.
Recent Performance
Over the last two trading sessions, MCX’s share price has decreased by 1.29%. However, over the past year, the stock has shown significant growth of 108%, with a year-to-date increase of 30.6%.
As of the latest data, MCX shares were trading at Rs 8,116, representing a 0.40% decrease from the previous day’s closing price. In comparison, the NSE Nifty 50 index saw a marginal 0.20% increase.
Analysts following MCX’s performance have provided mixed recommendations, with seven suggesting a ‘buy’, three recommending a ‘hold’, and one advising to ‘sell’. The average consensus price target for the next 12 months indicates a slight downside of 1.4%.
For more updates, you can visit the following link: https://t.co/vHK2kXQ7kD
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Multi Commodity Exchange (MCX) is facing an issue and is currently not accepting orders across all brokers. In the meantime, you can place orders in the NSE Commodity segment (NCO).
Keep track of all updates here: https://t.co/vHK2kXQ7kD
— Zerodha (@zerodhaonline) July 23, 2025
