MCX launches monthly Options on bullion index

31 Oct 2025 CW Team

The Multi Commodity Exchange of India Ltd (MCX) has announced the launch of monthly Options contracts on the MCX iCOMDEX Bullion Index (MCX BULLDEX®), effective 27 October 2025.

MCX BULLDEX®, a dynamic benchmark of India’s precious metals market, represents a composite index of the highly traded MCX Gold and Silver Futures contracts. The new Options contracts aim to provide market participants with a versatile risk management tool, combining the diversification of multiple assets with the flexibility of Options trading.

Covering both gold and silver, MCX BULLDEX® offers balanced exposure to the bullion segment for investors and institutions alike. It provides a cost-effective and convenient avenue for investment and hedging in precious metals.

The introduction of Options on MCX BULLDEX® reflects MCX’s ongoing commitment to deepen India’s commodity markets through product innovation, transparency, and investor-oriented solutions. Such index-based Options are increasingly popular globally as sectoral investment and risk management tools.

The MCX BULLDEX® index also complies with the International Organisation of Securities Commissions (IOSCO) Principles for Financial Benchmarks (July 2013), ensuring robust governance and transparency in its computation.

Commenting on the development, Praveena Rai, Managing Director and Chief Executive Officer of MCX, said:

“The introduction of Options on MCX BULLDEX® marks a pivotal moment in India’s commodities ecosystem. This innovative product enhances the range of offerings in the commodity derivatives space and allows participants to gain exposure to a diversified basket of bullion commodities.”

Infrastructure Energy

09 Jan 2026

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

Waaree Energy Storage Solutions Private, a subsidiary of Waaree Energies, has recently completed a strategic fund raise of around Rs 10.03 billion from a group of strategic investors, including family offices, high-net-worth individuals and institutional backers. The funding strengthens the company’s position in India’s rapidly expanding energy storage ecosystem.The capital raise forms part of an announced capital expenditure programme of nearly Rs 100 billion for setting up a 20 GWh advanced lithium-ion cell and battery pack manufacturing facility. The plant will manufacture high-performa..