MCX shares jumped as much as 8% in morning trade before trimming the gains to trade 4% higher as of 10.19am. NSE and MCX, the country’s top stock and commodities exchanges, respectively, plan to approach the markets regulator Securities and Exchange Board of India (SEBI) as early as this month, the paper said, citing an unnamed official. MCX shares jumped as much as 8% in morning trade before trimming the gains to trade 4% higher as of 10.19am. MCX and NSE did not immediately respond to Reuters requests for comment. NSE approached MCX for a merger after SEBI allowed exchanges offer trading platform for both equities and commodities derivatives, the newspaper said.

Source: Mint May 25, 2018 05:48 UTC