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MCX Share Price Falls As Morgan Stanley Flags Stretched Valuation

MCX’ share price tanked 7.9% intraday to Rs 5,550 apiece. The scrip was trading 7.5% lower at Rs 5,572.3 per share by 10:12 a.m. The benchmark NSE Nifty 50 was down 0.36%.

The stock has risen 85% in the last 12 months. The total traded volume so far in the day stood at 6.2 times its 30-day…

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