MCX slumps after MSCI excludes shares from small cap indices

Reuters Market Eye - Shares of the Multi Commodity Exchange of India (MCX) fall 5 percent, the maximum daily lower limit, after index provider MSCI excluded the Indian exchange operator from its small cap indices.

MCX shares will be deleted from the MSCI global small cap indices effective on Wednesday, MSCI said in a statement late on Friday.

(Reporting by Abhishek Vishnoi)