MCX declined 2.4% to Rs 1110.85 after the company informed about the resignation tendered by Sanjay Wadhwa, chief financial officer.
Commodity bourse, MCX announced that Sanjay Wadhwa ceased to be the chief financial officer and a key managerial personnel of MCX with effect from close of business hours on Friday, 6 December 2019.
Sanjay Wadhwa was appointed as the CFO for a three-year term on 23 January 2017.
On consolidated basis, MCX reported a 99.7% rise in net profit to Rs 71.75 crore on a 55% rise in total income to Rs 144.53 crore.
On the technical front, the stock's RSI (relative strength index) stood at 43.761. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.
The stock was trading above its 50-day and 200-day moving average (DMA) placed at 1099.07 and Rs 886.70 respectively.
MCX is engaged in facilitating trading, and clearing and settlement of commodity derivatives. It operates as a commodity futures exchange.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app