Positive impactCorporate Action
BSE, MCX remain buy-on-decline plays; Chola Securities prefers dividend stocks
CNBC-TV18 58 min ago·7 Sept 2026, 4:26 am
Dharmesh Kant of Chola Securities remains bullish on MCX for the long term, viewing it as a strong buy-on-decline opportunity. He believes the exchange has significant upside potential over the next two to three years, despite current market volatility. This outlook suggests that investors may find value in accumulating shares during dips rather than selling in a panic.
This view matters to investors because it highlights a divergence between short-term market noise and long-term structural growth. By favouring MCX, the expert is betting on the continued expansion of India's commodity derivatives market. It signals that despite recent corrections, the underlying business fundamentals remain attractive for those with a multi-year horizon.
What to watch next is the pace of new product launches and trading volumes at the exchange. Investors should also monitor regulatory developments in the commodities sector. If trading activity picks up or new contracts are introduced, it could provide further support to the stock's price trajectory.
Affected stocks
Bullish1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Multi Commodity Exchange of India (MCX).
- Category: Corporate Action.
- AI reads the tone as positive (potentially bullish) for the stock.
Why it matters
A routine update for Multi Commodity Exchange of India. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
