After the largest commodity derivatives exchange in India received approval from the Securities and Exchange Board of India (SEBI) Technical Advisory Committee to launch a new web-based commodity derivatives platform (CDP), shares of Multi Commodity Exchange of India (MCX) surged 5% to reach a new 52-week high of Rs 2,139 in Monday's trade on the BSE.

India approves new web-based platform

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India approves new web-based platform