Bombay Bullion Association eyes stake in MCX, shares gain

Shares in Multi Commodity Exchange of India gained 2.4 per cent on Thursday and headed for a fourth consecutive day of gains after Bombay Bullion Association said on Wednesday it was considering buying a 5 per cent stake in the company. India's leading bullion trade body said it was considering buying the MCX stake through a consortium led by a smaller bourse it promotes, Universal Commodity Exchange. "Through a consortium le...