Gautam Chhaochharia positive on MCX India

Jan 14, 2014, 12.17 PM IST

Gautam Chhaochharia, Head of India Research at UBS Securities is positive on Multi Commodity Exchange of India.

Tags Gautam Chhaochharia, UBS Securities , Multi Commodity Exchange of India

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Gautam Chhaochharia, Head of India Research at UBS Securities is positive on Multi Commodity Exchange of India.

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Gautam Chhaochharia positive on MCX India

Gautam Chhaochharia, Head of India Research at UBS Securities is positive on Multi Commodity Exchange of India.

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Gautam Chhaochharia, Head of India Research at UBS Securities told CNBC-TV18, "We remain positive on Multi Commodity Exchange of India primarily because of valuation support. The potential of the business still remains intact in a growing market like India."

At 11:00 hrs Multi Commodity Exchange of India was quoting at Rs 545.60, up Rs 4.85, or 0.90 percent.

The share touched its 52-week high Rs 1,431 and 52-week low Rs 238.30 on 31 January, 2013 and 19 August, 2013, respectively.

Action in Multi Commodity Exchange of India

Rokok Kanker