Multi Commodity Exchange of India Ltd (NSE: MCX) saw a 4.5% gap-up opening on Tuesday, terminating a five-session losing streak as technical indicators signal sustained medium-term momentum. The exchange continues to outperform broader market indices despite a recent moderation in its investment grade.
Momentum Spike
Multi Commodity Exchange of India Ltd (MCX) registered a 4.5% gap-up opening on January 27, 2026, indicating a reversal after five straight sessions of losses. The stock hit an intraday high of ₹2,392 on strong volumes and traded value that exceeded sectoral averages and the Sensex, reflecting resilient demand despite muted broader market performance.
Current Stock Price (As of January 27, 2026)
Approximately ₹2,380
Market Capitalization
₹60,688.06 crores
MCX Rally
The sharp opening at ₹2,385, up from a previous close of ₹2,282, drove today’s price action. Although the stock trades slightly below its 5-day moving average, it remains above the 20-, 50-, 100-, and 200-day averages, signaling sustained medium- to long-term bullish momentum. Total traded value reached ₹41,952.37 lakh on a volume of 1,783,659 shares, reflecting strong liquidity and participation.
Market Position
The company maintains a mid-cap market capitalization of ₹60,688.06 crores. While the current investment grade is a “Buy,” this represents a downgrade from the “Strong Buy” status held prior to November 18, 2025. This adjustment suggests a moderated outlook despite the company’s solid fundamentals and market leadership in commodity derivatives. Institutional interest remains a factor due to the stock’s liquidity, which allows for substantial daily trade sizes.
Trading Surge
Surging 4.29% in a single session, MCX outpaced the Capital Markets sector’s 0.23% gain. As a high-beta stock (adjusted beta 1.20), it is prone to larger price swings and reacts strongly to market triggers. Tuesday’s rally underscores MCX’s central role in India’s commodity derivatives market during heightened trading activity.