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MCX launches monthly options contracts on MCX BULLDEX

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MCX, the biggest exchange in India for trading in derivative contracts on bullion and base metals, is launching monthly options contracts on Bulldex, the bourse’s bullion index, on Monday. Initially contracts expiring in Nov, Dec and Jan of next year will be available for trading. The MCX BULLDEX® Index is a balanced mix of Gold and Silver Futures, the two most traded precious metals on the MCX. The Options contracts on the index are expected to give market participants more flexibility in managing portfolio exposure and provide an expanded range of hedging instruments in the Indian commodities market.

The launch of options contracts on bullion index on MCX, based on gold and silver, comes at a time when the country saw one of most frenzied buying phases for gold and silver in history. The new offering aligns with MCX’s commitment to deepen India’s commodity markets through product innovation and transparency. Incidentally, India is the world’s top country in terms of number of options contracts traded, data from Futures Industry Association.

Shares of Multi Commodity Exchange of India Ltd (MCX) gained 2.52 per cent in Monday’s trade, reaching a high of Rs 9,244.90 on BSE. The stock advanced after the exchange announced the launch of monthly options contracts on its bullion index

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National News

Candere expands Karnataka presence with Kengeri store opening

Lifestyle jewellery brand by Kalyan Jewellers strengthens Bengaluru footprint with modern retail experience and launch offers up to ₹35,000 off per carat.

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Candere, the lifestyle jewellery brand by Kalyan Jewellers known for its modern and trend-led designs, has expanded its retail presence in Karnataka with the launch of its newest store in Kengeri, Bengaluru. This new addition further reinforces the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers.

The Kengeri store represents Candere’s continued expansion in Karnataka, bringing its curated jewellery experience to one of the city’s rapidly developing residential and commercial neighbourhoods. The expansion strengthens the brand’s presence in key urban markets, catering to the growing demand for modern, design-led jewellery. Thoughtfully designed, the Kengeri store offers a contemporary retail environment complemented by personalised in-store assistance, reflecting Candere’s commitment to elegance, innovation, and an elevated shopping experience.

Known for its lightweight, versatile, and trend-forward jewellery, Candere appeals to Gen Z, working professionals, and style-conscious individuals looking for contemporary designs at accessible price points starting from Rs.10,000. Each piece is designed to help customers express their personal style through contemporary jewellery that blends seamlessly into everyday life.

To mark the launch of its new store, Candere is offering special promotions: Get up to Rs.35,000 off per carat + Rs.850 off per gram on making charges.

With the launch of its store in Kengeri, Candere continues to strengthen its omni-channel presence, integrating its digital expertise with a growing physical retail network. Supported by the heritage and trust of Kalyan Jewellers, the brand continues to enhance the jewellery-buying journey with a focus on transparency, ease, and customer relevance.

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