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MCX shares fall as exchange cancels mock trading session for new platform
Shares of Multi Commodity Exchange (MCX) fell over 3 per cent on Friday, a day after the exchange cancelled the mock trading session for the new trading platform.
The exchange is in the process of implementing a new commodity derivative platform.
In a circular on Thursday, MCX said, "the exchange had proposed a mock trading session on 22 June 2023, from 05.00 pm to 11.30 pm which stands cancelled."
The stock went lower by 3.12 per cent to settle at Rs 1,570.45 on the BSE. During the day, it fell 6.37 per cent to Rs 1,517.80.
At NSE, it declined 3.28 per cent to end at Rs 1,568.80.
Earlier this week, the exchange had proposed a mock trading session on June 19 also but cancelled the same.
The exchange had earlier also announced to conduct mock trading sessions to familiarise members with the new trading platform.
"MCX stock price fell on June 23 as media carried reports in the morning about cancellation of mock trading on the previous day. Mock trading has been cancelled on a coup