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MCX launches options on bullion index, will be effective from this day – mcx launches options on bullion index

Multi Commodity Exchange of India Limited (MCX) has announced the launch of monthly options contracts on MCX ICOMDEX Bullion Index (MCX BULLDEX®) with effect from October 27, 2025. MCX BULLDEX® is a dynamic representation of the precious metals segment, composed of MCX Gold and Silver futures contracts.

Options contracts on this index will empower market participants with a risk management tool that combines the benefits of diverse underlying assets with the flexibility of options trading. MCX BULLDEX®, which includes both gold and silver, offers market participants – both investors and institutions – balanced exposure to the bullion segment in a cost-effective manner that will meet both their investment and hedging needs.

The options product on MCX BULLDEX® aligns with MCX’s commitment to deepening India’s commodity markets through innovation, increased transparency and investor-friendly offerings. Options on indices are highly popular as an investment instrument, and options on sectoral indices such as MCX BULLDEX® are widely considered ideal for effective sectoral price risk management. The index conforms to the standards of the International Organization for Standardization of Securities Commissions (IOSCO) Principles for Financial Benchmarks in its calculation and governance (July 2013).

Ms. Praveena Rai, MD & CEO, MCX, said: “The launch of options on MCX BULLDEX® marks a significant development in India’s commodities ecosystem. It is a unique and innovative product that will enhance the range of products in the commodity derivatives ecosystem and assist market participants in taking exposure to a basket of commodities in the bullion segment.”

Multi Commodity Exchange of India Limited (MCX) is India’s leading commodity derivatives exchange and the largest commodity options exchange globally (FIA, 2024). In operation since 2003, MCX has about 98 per cent market share in terms of value of commodity futures contracts traded in the financial year 2024-25. With a pan-Indian presence, MCX serves as a dynamic platform for the Indian commodity market ecosystem, providing the dual benefits of fair price discovery and efficient risk management. It offers trading in a diverse range of commodities as well as sectoral commodity indices spanning multiple segments including bullion, energy, metals and agricultural commodities. The exchange has entered into strategic alliances with various international exchanges as well as Indian and international trade associations. For more information about MCX and its products, visit: www.mcxindia.com

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Rovina Edenwala

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Stock in Focus: 75% return in 6 months, now company will buyback shares; Stock will remain in focus – eclerx services ltd announces share buyback after six months 75 percent return focus on stock market performance

Stock in Focus: Tech company Eclerx Services Ltd has announced buyback of its equity shares after getting approval in its board meeting on October 24, 2025. According to exchange filings, the board has approved buyback of 6.66 lakh fully paid shares of face value Rs 10 each.

The total amount of this buyback will be ₹300 crore. This does not include brokerage, taxes, stamp duty, advisory fees and other expenses. This represents 21.08% of the company’s total paid-up equity and 13.80% of its audited consolidated reserves as of March 2025.

Buyback price and method

The buyback price has been fixed at ₹4,500 per share and will be paid in cash. The buyback will be through tender offer route and SEBI Buyback Regulations, 2018 will be followed. At least 15% of the shares will be reserved for small shareholders.

The buyback is subject to shareholders’ approval, which will be taken through postal ballot and remote e-voting. Information about record date, process and timeline will be given later.

Responsibility of promoters and committee

Eclerx Services says promoters and promoter group members will not participate in the buyback. Emkay Global Financial Services Limited will be the manager of the buyback. At the same time, Savita Jyoti of Savita Jyoti Associates will be the scrutinizer of the postal ballot and e-voting process.

Pratik Bhanushali, VP-Legal and Company Secretary, will be the compliance officer for the buyback. Apart from this, a buyback committee has been formed which will monitor the entire process and take necessary action.

Shareholding pattern of Eclerx Services

After the completion of the buyback, the company will release the pre and post-buyback shareholding pattern. As of October 17, 2025, promoters held 53.81% of the total shares of Eclerx, the public held 44.69%, and the ESOP Trust held 1.5% shares.

Status of shares of Eclerx Services

Shares of Eclerx Services closed at Rs 4,445.00 with a gain of 2.33% on Friday. The shares of the company have increased by 74.79% in the last 6 months. At the same time, there has been a jump of 63.39% in one year. In the last 5 years, the company has given multibagger returns of 861.98%. The market cap of Eclerx Services is Rs 21.05 thousand crore.

What is the business of Eclerx Services?

Eclerx Services Ltd is an IT/Tech company providing business process management and data analytics services. The company provides operations and data support to its customers so that they can take business decisions quickly and accurately. Additionally, Eclerx also provides tailored solutions for the finance, retail, media and technology sectors, simplifying their processes and improving customer experience.

Stocks to Watch: These 16 stocks will be in focus on October 27, you may get a chance to earn huge profits.

Disclaimer: The information provided here is being given for information only. It is important to mention here that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. Moneycontrol never advises anyone to invest money here.

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Circuit limit changes: Changes in circuit limits of shares of 57 companies, check full list – bse updates circuit limits for 57 companies check full list of revised price bands

Circuit limit changes: Bombay Stock Exchange (BSE) has decided to impose new price bands or circuit limits on shares of 57 companies from October 27, 2025. Its purpose is to prevent unusual trading activities and protect investors from potential risks.

BSE marks those stocks which show sudden sharp fluctuations in trading volume or price. For this, the exchange takes necessary steps under its regular surveillance mechanism. In this process, the price band of many stocks can be reduced by 2%, 5% or 10%.

BSE surveillance measures

The price band for each stock is decided so that its price does not rise or fall suddenly. If a stock shows abnormal volatility, a more stringent price band is applied.

When is special margin applied?

Special margin is applied when there is an abnormal increase in price or trading volume in a stock. In this situation BSE can impose special margin up to 25%, 50% or 75%. Its purpose is to protect investors from huge losses due to rumors or speculation.

Change in price band of which companies?

What is price band?

Price band is a fixed limit of maximum and minimum fluctuations of a share in a day. That is, a stock’s price cannot go above or below this range in a trading session. It is also called circuit limit or day price band. Its purpose is to control sudden sharp fluctuations and manipulation in the market.

Disclaimer: The information provided here is being given for information only. It is important to mention here that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. Moneycontrol never advises anyone to invest money here.

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Stock in Focus: Solar company got four big orders, brokerage also bullish; Shares will be in focus – stock in focus waaree energies secures 4 major solar module orders bullish brokerage maintains buy rating on share

Stock in Focus: Renewable sector giant Waaree Energies has informed about receiving three new solar module supply orders totaling 570 megawatt (MW) in the domestic market. Its subsidiary Waaree Solar Americas has also won a 122 MW solar module supply order in the US. This order has been received from the developer and owner-operator of utility-scale solar and energy storage projects.

In India, the company has received orders for supply of 220 MW, 210 MW and 140 MW solar modules from owner and operator customers of renowned renewable power projects. These orders will be completed in 2025-26 and 2026-27.

Waaree Energies quarterly results

The consolidated net profit of Waari Energies in the second i.e. June-September quarter was ₹843 crore. This is an increase of 133% compared to a year ago. Waari Energies’ revenue grew 69.7% year-on-year to ₹6,066 crore. At the same time, operating income i.e. EBITDA more than doubled to ₹ 1,406 crore.

Its margin increased from 14.7% to 23.2%. Also, the company has also declared a first interim dividend of ₹2 per share with face value of ₹10 for its shareholders.

Brokerage Opinion on Waaree Energies

Brokerage firm Nuvama is quite bullish on Waaree Energies after the quarterly results. Reiterating his confidence, he has maintained ‘Buy’ rating on this stock and has set a target price of Rs 4,150 for it. This indicates an increase of about 17% from the current level.

The brokerage believes that due to strong demand in the solar sector, reduction in GST and increase in global exports, the company will maintain its strong performance in the coming times. Vaari Energies has maintained its EBITDA guidance at Rs 5,500-6,000 crore for FY26.

Status of Waaree Energies shares

Shares of Waari Energies closed at Rs 3,520.60, down 1.31% on Friday, October 24. The stock has given a strong return of 30.38% in the last 6 months, while investors have got a gain of 50.52% in the last 1 year. This year also a rise of 23.00% has been seen in the stock in 2025. The market cap of the company is Rs 1.01 lakh crore.

Disclaimer: The advice or opinions given on Moneycontrol.com are the personal views of the expert/brokerage firm. The website or management is not responsible for this. Moneycontrol advises users to always seek the advice of a certified expert before taking any investment decision.

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Nifty Outlook: How will Nifty move on October 27, which levels will be important? Know from experts – Nifty outlook for 27 October experts predict key support resistance levels and market reaction after Diwali holidays

Nifty Outlook: In the last 15 trading sessions, Nifty 50 has shown a tremendous rise of 1,500 points. It rose from a low of 24,587 on September 30 to a high of 26,104 last Thursday. But after such a sharp rise, buyer fatigue was bound to be visible at higher levels. This is why the selling started from Thursday afternoon and the index fell by about 300 points from its intraday high.

There will be a big stir in the market after Diwali

Last week was short due to Diwali holidays. Now trading is expected to start in full swing from Monday. This time Nifty has to react to many big updates.

These include Kotak Mahindra Bank’s quarterly results, Ola Electric’s fundraising announcement and positive signals from the US markets. Many other quarterly results have also come after the market closed on Friday evening.

This week will be full of quarterly results

This week will be completely focused on quarterly results. More than 160 companies will present their September quarter results. These include big companies of Nifty 50 and mid-cap segment. Along with this, global events will also decide the direction of the market.

The US Federal Reserve will decide on interest rates this week. There is a possibility of another rate cut in this. At the same time, there will also be a meeting between US President Donald Trump and Chinese President Xi Jinping on Thursday. Apart from this, the market will also keep an eye on the trade deal between America and Thailand.

Results of these companies will come on Monday

The results of many big companies are going to come in Monday’s trading session. These include Adani Energy Solutions, Bata, Chennai Petro, Indus Towers, Indian Oil Corporation, JK Tyre, Kfin Tech, Mazagon Dock, PNB Housing, Sona BLW, Supreme Industries and Tata Investment.

Additionally, Coforge, Dr. Market reaction will also be seen on the results of Reddy’s, Eclerx, Latent View Analytics and SBI Cards.

Nifty Bank became the major reason for the decline

Nifty Bank Index was an important reason for the fall in Nifty from high levels. This index has fallen by about 900 points from its record high of 58,577. This week, banking stocks will also be under watch, because the reaction of the market will be seen on Monday on the results released by Kotak Bank over the weekend.

Sudeep Shah of SBI Securities says that the zone of 57,900-58,000 will act as immediate resistance for the Bank Nifty index. If the index shows strength above 58,000, the recovery may continue till 58,500. On the downside, the zone of 57,200-57,100 will be an important support for the index.

Expert opinion on Nifty

According to Sudeep Shah, based on Friday’s low of 25,718, the zone of 25,700-25,800 will be an important support for Nifty in Monday’s session. On the upside, 25,850 will be the first resistance level. After this, a congestion zone of 25,900-25,950 and a big resistance of 26,000 will emerge.

According to Nagaraj Shetty of HDFC Securities, the short term trend of Nifty is positive, but there is selling pressure in the short term. If there is further weakness, then the level of 25,600-25,500 can become an important support. This may provide an opportunity to ‘buy on dips’ for the next week. He said that the immediate resistance is at 25,950.

Stocks to Watch: These 16 stocks will be in focus on October 27, you may get a chance to earn huge profits.

Amol Athawale of Kotak Securities says that the levels of 25,700-25,550 are important support on the downside for Nifty. At the same time, on the upside, 26,100-26,150 can prove to be a big hurdle for the bulls. However, if the index slips below 25,550, sentiment may turn negative and investors may exit their long positions.

Disclaimer: The advice or opinions expressed on Moneycontrol.com are the personal views of the expert/brokerage firm. The website or management is not responsible for this. Moneycontrol advises users to always seek the advice of a certified expert before taking any investment decision.

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Lenskart Q1 Results: June quarter profit of ₹61 crore, revenue increased by 25%; IPO to open on October 31 – lenskart solutions limited reported Rs 61 crore profit in June 2025 quarter revenue grew 25 percent IPO to open on October 31

Eyewear retailer Lenskart Solutions Ltd’s profit for the April-June 2025 quarter stood at Rs 61.2 crore. A year ago the company was at a loss of Rs 10.9 crore. This has been revealed from the company’s revised Red Herring Prospectus (RHP). Lenskart’s revenue grew 24.6 percent year-on-year to Rs 1,894.5 crore in the June 2025 quarter. It was Rs 1,520.4 crore in the June 2024 quarter. EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) increased to Rs 336.6 crore from Rs 183.4 crore in the September 2024 quarter. The financial cost stood at Rs 41 crore.

Lenskart’s revenue from India business stood at Rs 1,169.2 crore in the June 2025 quarter. A year ago it was Rs 936 crore. The international segment contributed Rs 736.5 crore to revenue, compared to Rs 584.4 crore in the June 2024 quarter. The company’s international business includes markets in the Middle East and South East Asia.

IPO opening on 31st October

Lenskart’s IPO is scheduled to open on October 31. Its size can be Rs 7278 crore. Anchor investors will be able to bid on October 30. The closing of the IPO will take place on November 4. After the closing of the IPO, the listing of shares can happen on BSE and NSE on November 10. There will be new shares worth Rs 2,150 crore in Lenskart’s IPO. Also, 12.75 crore equity shares will be put up for sale under Offer for Sale (OFS) on behalf of promoters and investors.

Along with founders and promoters Piyush Bansal, Neha Bansal, Amit Chaudhary, Sumeet Kapahi, SoftBank’s SVF II Lightbulb (Cayman), Schroders Capital, PI Opportunities Fund, MacRitchie Investments, Kedra Capital Fund and Alpha Wave will also sell shares in the OFS. Schroders Capital Private Equity Asia Mauritius will exit Lenskart by selling its entire 1.9 crore shares or 1.13 per cent stake.

FY 2025 first profitable year

Lenskart reported net profit of Rs 297.3 crore in FY25. The company had suffered a loss of Rs 10.2 crore in FY 2024. Revenue grew by 23 per cent to Rs 6,652.5 crore with a compound annual growth rate (CAGR) of 33 per cent in the last two years. Gross margin expanded more than 500 basis points to nearly 69 percent.

Lenskart was started in the year 2008 by Piyush Bansal, Amit Chaudhary, Neha Bansal and Sumeet Kapahi. The company has grown into India’s largest omni-channel eyewear brand. It has an online presence and as of March 2025, it had 2,723 stores across India and in markets such as the Middle East and Southeast Asia. The company is planning to open 450 new stores in fiscal year 2026.

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Mukul Agrawal added this pharma stock to his portfolio, bought 1.34% stake – mukul agrawal added kiltch drugs india in portfolio check shareholding share price and performance

Veteran investor Mukul Aggarwal has bought 2,35,000 shares in a pharma company. The name of the company is- Kilich Drugs India Limited. It is a smallcap stock.

Mukul Mahavir Aggarwal’s name is present in the latest shareholding pattern. He bought 1.34% stake in the company during the July-September 2025 quarter.

Promoters hold 63.77% stake in Kilitch Drugs India. The market cap of the company is around ₹650 crore. The face value of the share is ₹10.

Shares of Kilitch Drugs India closed at ₹370 on BSE on Friday, October 24. It has fallen 13% in 3 months. The 52-week high is ₹490 and low is ₹265.60.

The company’s standalone revenue in the June 2025 quarter stood at ₹34.12 crore. Meanwhile, the net profit stood at ₹4.79 crore. Standalone revenue in FY25 was ₹181.59 crore and net profit was ₹31.16 crore.

Kilich Drugs India is starting a greenfield project in Pen, Maharashtra with an investment of ₹160 crore. The first phase is almost completed.

Other major stocks included in Mukul Aggarwal’s portfolio include Ajmera Realty, CEAT, Allcargo Logistics, LT Foods, Deepak Fertilizers, Sula Vineyards, Suryoday Small Finance Bank, Delta Corp, Dredging Corporation of India, Indo Count, Jammu & Kashmir Bank etc.

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