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F&O transaction fee revision sends MCX shares to hit record high on Sep 25

Business Standard LogoBusiness Standard4d ago

F&O transaction fee revision sends MCX shares to hit record high on Sep 25 - Business Standard

Quick Summary:

MCX share price: The futures contract on MCX will invite a transaction fee of Rs 2.1 per lakh of turnover value, while the options contract will be charged Rs 41.

At around 9:52 AM, the MCX share price was up 1.25 per cent at Rs 5,951.5 per share on BSE.

The stock moved northwards after the commodities exchange platform revised its futures and options contracts' transactional fee.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-25 @ 11:32:12 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 502 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22703614

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 120 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "F&O transaction fee revision sends MCX shares to hit record high on Sep 25" was covered 4 days ago by Business Standard, a news publisher based in India.

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