INDIA MARKET LENS
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Why MCX shares slumped 7% after Q2 results, but rose 50% in 2026: More upside ahead or book profits? Experts views

Indian markets moved higher in a quarterly results development for Q2 FY27.

· LiveMint Markets

MCX shares fell 7% on Wednesday despite more than doubling Q2 FY27 net profit to ₹455 crore. Income rose to ₹799.66 crore as trading activity remained strong. Analysts cited profit-booking and a rich valuation, with ₹3,225 identified as a key technical support level.

Period
Q2 FY27

Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.