MCX share price was in focus in the stock market today as the stock climbed over 3% following a key operational update on gold and silver futures. The move came after the exchange announced the withdrawal of additional margins on bullion contracts — a decision that immediately caught traders’ attention.
The development changes the trading landscape for gold and silver contracts. And the market reacted quickly.
Market Performance: MCX Share Price Gains Over 3%
In the stock market today, MCX share price surged as much as 3.32% to ₹2,419 during Thursday’s session.
Here’s how the day unfolded:
- Opening Price: ₹2,400 on NSE
- Previous Close: ₹2,341
- Intraday High: ₹2,419
- Intraday Gain: 3.32%
The buying interest picked up right at the opening bell. The announcement made after market hours the previous day set the tone.
This reaction reflects how sensitive exchange stocks can be to structural changes in trading mechanics.
Main News: MCX Withdraws Additional Margins on Gold & Silver Futures
The trigger behind the rise in MCX share price was clear.
In a circular issued Wednesday evening, the exchange announced:
- 3% additional margin on all gold futures contracts withdrawn
- 7% additional margin on all silver futures contracts withdrawn
- Effective from Thursday, February 19, 2026
The official circular clearly stated that the additional margins levied across all variants of gold and silver futures contracts would be removed.
Soon after, NSE Clearing also confirmed the withdrawal and advised members to adjust their positions accordingly.
This change is effective immediately.
No delays. No phased rollout.
What Margin Withdrawal Means for Traders?
Margins determine how much capital traders must deploy to take positions in futures contracts.
With the additional margins now removed:
- Traders will require lower upfront capital
- Position sizes become relatively more affordable
- Intraday participation may increase
Previously, these additional margins were introduced to curb sharp volatility in bullion prices.
Gold and silver contracts had seen significant price swings. To cool things down, higher margins were applied.
Now, those restrictions have been rolled back.
The market clearly viewed this as positive.
And the MCX share price responded instantly in the stock market today.
Company Details: MCX Q3FY26 Financial Highlights
Beyond operational changes, the company recently reported strong financial performance for Q3FY26.
Here are the key numbers:
Revenue from Operations
- ₹666 crore in Q3FY26
- Up 121% YoY from ₹301 crore
- Up 78% QoQ from ₹374 crore
Net Profit
- ₹401 crore in Q3FY26
- Up 151% YoY from ₹160 crore
- Up 103% QoQ from ₹197 crore
EBITDA
- ₹527 crore
- Growth of 144% YoY
Margins expanded alongside revenue growth.
The earnings performance added strength to the broader narrative around MCX share price momentum in the stock market today.
Bullion Segment Contribution
The bullion segment continues to play a dominant role.
- Contribution to Average Daily Turnover (ADT): 69% QoQ
- Driven by new variants like:
- Gold Mini Futures
- Gold Ten Futures
Gold and silver contracts remain the backbone of trading activity on the exchange.
That makes the margin withdrawal even more meaningful.
Bullion drives volumes. Volumes drive exchange revenues.
MCX Share Price Trend and Long-Term Performance
Even amid broader market volatility, MCX share price has remained resilient.
Short-Term Movement
- Gained over 2% in the last five sessions
Medium-Term Returns
- Up 45% in six months
- Delivered 113% returns in one year
Long-Term Wealth Creation
- Around 700% gain in five years
- Over 827% rise since listing
In the stock market today, few exchange stocks have delivered this scale of wealth creation.
52-Week Range Snapshot
For context:
- 52-week high: ₹2,705 (January 29, 2026)
- 52-week low: ₹881.63 (March 11, 2025)
The recovery from the 52-week low has been significant.
This wide range shows how sentiment and trading volumes directly influence exchange stocks like MCX.
Listing Details
MCX shares are listed on:
- NSE
- BSE
Liquidity remains healthy across both exchanges.
Summary: Why MCX Share Price Is in Focus in Stock Market Today?
The rise in MCX share price in the stock market today is directly linked to a structural decision — the withdrawal of additional margins on gold and silver futures.
Here’s the complete picture:
- Margins of 3% on gold and 7% on silver withdrawn
- Immediate implementation from February 19, 2026
- Lower trading capital requirements
- Strong Q3FY26 financial performance
- Bullion continues to dominate turnover
- Stock has delivered strong multi-year returns
The story is simple.
When trading becomes easier, participation often improves.
And when volumes improve, exchange revenues typically benefit.
That’s the connection investors were quick to draw in the stock market today.
As margin requirements ease and bullion contracts regain momentum, MCX share price remains a stock closely watched by participants tracking exchange-led growth themes.
In a volatile environment, structural changes matter.
And today, the market responded clearly.
Source: Livemint
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