The exchanges have observed significant price and volume movement in the scrips of MCX in the recent past.
In a circular dated yesterday NSE said, "Substantial increase in trading volumes has been observed in Multi Commodity Exchange of India Limited.
“The exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors are safeguarded, had written to the company."
In response, MCX said, "With regard to increase in volume/price, the company would not like to speculate nor would like to comment on the increase in the volume/price in the recent past, as in our opinion there are no material information which may have a bearing on the price/volume in the scrip."
MCX in a clarification to the BSE Tuesday also said, "As
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