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The Economic Times

Personal Finance / The Economic Times

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UTI Mutual Fund buys nearly 15 lakh shares of MCX for Rs 425 crore

UTI Mutual Fund has significantly boosted its stake in MCX, acquiring nearly 15 lakh shares for a substantial Rs 425 crore via an open market deal. This move comes as MCX reported a remarkable surge in its March quarter profits, nearly quadrupling to Rs 530 crore and tripling revenue. The commodity exchange, a dominant player with over 98% market share, saw its shares dip slightly following the transaction.

30 Jun 2026 12:58 pm