Speaking at an MCX event, Pandey also added that SEBI would consider permitting foreign portfolio investors (FPIs) to trade in non-agricultural commodities, further boosting market participation.
Shares of Multi Commodity Exchange of India Ltd. (MCX) rallied up to 5% on Wednesday, September 17, after Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey said the regulator is planning to allow banks and pension funds to participate in commodity trading.
Speaking at an MCX event, Pandey also added that SEBI would consider permitting foreign portfolio investors (FPIs) to trade in non-agricultural commodities, further boosting market participation.
This is a developing story.