Tag: mcx

The Indian stock market is closed today(8 November 2022) on the account of Guru Nanak Jayanti, therefore, there will be no trading activity today. As per the information available on the official BSE website, trading on BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) will remain closed for the entire session on Tuesday i.e. November 8, 2022. In the Commodity segment, trading at Multi Commodity Exchange (MCX) will remain closed in the first half whereas it will take place in the second half from 5 pm (evening session) on November 8, 2022. November 8, 2022, is the last trading holiday of this year on Dalal Street, being the sixteenth market holiday of this year. Meanwhile, trading on the stock exchanges BSE and NSE will resume on Wednesday, November 9, 2022, as per its usual timings.

Commodity bourse MCX will provide exit options to market participants in crude oil all other commodity derivatives if the contracts hit negative prices, the exchange said in a circular Monday. The exit will not be on expiry day when a due date rate is published, but on all other trading days if clients through their brokers or prop traders chose to square off their positions. The exit will be enabled through an auction that will be held in a 15-minute window after market closing, currently 11:30 pm, from 11:40-11:55 pm. Read more