The latest news concerning Multi Commodity Exchange of India Limited (MCX) is highlighted by its major inclusion in a global index and record-breaking price spikes in underlying precious metals.1. Inclusion in MSCI Standard IndexIndex Rejig: MSCI announced that MCX has been officially promoted to the MSCI Standard Index from the Smallcap ***** Inflows: The transition takes effect after market close on May 29, 2026. Analysts estimate this will trigger passive foreign fund inflows of approximately ₹3,560 crores ($425+ million) into MCX stock.2. Record Stock Rally & All-Time HighsPeak Valuation: Driven by the MSCI announcement and robust institutional volumes, MCX shares surged to a historic all-time high of ₹3,***** Performance: The stock has generated multi-bagger returns, gaining over 45% in 2026 so far and more than 168% over the past 12 ***** Stance: Following the massive run-up, ICICI Securities downgraded the stock from 'Add' to 'Hold' with a revised target price of ₹3,150.3. Bullion Import Duty Hike Spikes Trading VolumePolicy Change: The Indian Government raised the import duty on gold and silver to 15% to curb inbound shipments amid West Asia geopolitical ***** Contract Spikes: Domestic commodity prices decoupled from global benchmarks. MCX June Gold futures jumped 6% to ₹1,62,648 per 10 grams, while July Silver futures breached the historic ₹3,00,000 per kg ***** Tailwinds: The ensuing volatility and surge in derivative options volumes are expected to substantially boost MCX's transaction fee revenues.