Mumbai, Nov 11, MCX records turnover of Rs.12965.56 crores in Commodity Futures & Rs.78241.81 crores in Options: Bullion Index MCXBULLDEX Nov-24 futures reaches at 19005 point.
According to MCX DAILY MARKET REPORT India’s leading commodity derivatives exchange, Multi Commodity Exchange (MCX) has recorded turnover of Rs.91208.32 crores in various futures & option contracts for commodities listed at MCX on 11 November 2024 till 5:15 pm. In which commodity futures accounted for Rs. 12965.56 crores and options on commodity futures for Rs. 78241.81 crores (notional). Bullion Index MCXBULLDEX Nov-24 futures was reached at 19005 point.
Commodity Future Contracts: Bullion: In precious metals, Turnover of Gold and Silver variants clocked Rs. 8561.66 crores. GOLD Dec-24 contract was down by 0.9% to Rs. 76580 per 10 gram, GOLDGUINEA Nov-24 contract was down by 0.61% to Rs. 62372 per 8 gram and GOLDPETAL Nov-24 contract was down by 0.46% to Rs. 7727 per gram. On other hand, GOLDM Dec-24 contract was down by 0.87% to Rs. 76575 per 10 gram.
SILVER Dec-24 contract was down by 0.17% to Rs. 91112 per kg, while SILVERM Nov-24 contract was down by 0.23% to Rs. 90937 per kg and SILVERMIC Nov-24 contract was down by 0.24% to Rs. 90933 per kg.
Gold futures clocked turnover of Rs. 4312.79 crores with volume of 5610 lots and OI of 15436 lots while Silver futures clocked turnover of Rs. 2049.89 crores with volume of 7468 lots and OI of 29650 lots.
Base Metal: Turnover of base metal products accounted for Rs. 1948.46 crores. COPPER Nov-24 contract was down by 0.49% to Rs. 830.3 per kg and ZINC Nov-24 contract was up by 0.39% to Rs. 281 per kg while ALUMINIUM Nov-24 contract was down by 0.89% to Rs. 239.45 per kg and LEAD Nov-24 contract was up by 0.25% to Rs. 181.65 per kg.
Copper futures clocked turnover of Rs. 1039.07 crores, Aluminium futures Rs. 265.48 crores, Lead futures Rs. 15.89 crores, and Zinc futures clocked turnover of Rs. 415.54 crores.
Energy: Turnover of energy products contributed for Rs. 2452.27 crores. CRUDEOIL Nov-24 contract was down by 1.86% to Rs. 5845 per BBL while NATURALGAS Nov-24 contract was up by 6.94% to Rs. 240.4 per MMBTU.
Crude Oil futures clocked turnover of Rs. 865.91 crores and Natural Gas futures Rs. 1260.86 crores.
AGRI: MENTHAOIL Nov-24 contract was down by 0.01% to Rs. 913 per kg and COTTONCNDY Nov-24 contract was down by 0.12% to Rs. 56000 per candy.
Options on Commodity Future Contracts:
Commodity Options accounted for Rs. 78241.81 crores turnover (notional), having premium turnover of Rs. 1107.62 crores.
Crude Oil Options: Most traded contracts among Crude Oil Options were Call Option Nov-24 contract at Strike price of Rs.5900 was down by 42.96% to Rs. 81.00 with volume of 108680 lots & OI of 21688 lots, while Crude Oil Put Option Nov-24 contract at Strike price of Rs.5900 was up by 53.93% to Rs. 137 with volume of 114390 lots & OI of 10209 lots.
Natural Gas Options: Most traded contracts among Natural Gas Options were Call Option Nov-24 contract at Strike price of Rs.240 was up by 104.5% to Rs. 11.35 with volume of 21517 lots & OI of 6784 lots, while Natural Gas Put Option Nov-24 contract at Strike price of Rs.240 was down by 50.6% to Rs. 10.3 with volume of 15353 lots & OI of 5958 lots.
Gold Options: Most traded contracts among Gold Options were Call Option Nov-24 contract at Strike price of Rs.77000 was down by 40.36% to Rs. 543.00 with volume of 1529 lots & OI of 752 lots, while Gold Put Option Nov-24 contract at Strike price of Rs.76000 was up by 56.35% to Rs. 480 with volume of 1160 lots & OI of 990 lots.
Silver Options: Most traded contracts among Silver Options were Call Option Nov-24 contract at Strike price of Rs.92000 was down by 12.27% to Rs. 1305.00 with volume of 1520 lots & OI of 701 lots, while Silver Put Option Nov-24 contract at Strike price of Rs.91000 was down by 1.2% to Rs. 1650 with volume of 1029 lots & OI of 400 lots.
