India, Dec. 22 -- The shares of the commodity Exchange gained up to 5 percent from today's trading session after the Securities and Exchange Board of India (SEBI) plans to allow banks and insurers into commodity derivatives.

With a market capitalization of Rs 54,800.04 crore, the shares of Multi Commodity Exchange of India Ltd were trading at Rs 10,745.45 per share, increasing around 4.64 percent as compared to the previous closing price of Rs 10,305.60 apiece.

Regulator Comments The shares of Multi Commodity Exchange of India Ltd have seen bullish movement after the Securities and Exchange Board of India plans to allow banks and insurers into commodity derivatives. Resolving GST hurdles could improve delivery and liquidity. With 40% re...