SEBI Chairman Tuhin Kanta Pandey said the regulator has not observed manipulation in the newly introduced closing auction sessions so far, but continues to monitor the data.He said mutual fund participation had risen to around 20–25%. Pandey also said SEBI expects to release a detailed paper on losses in the derivatives market within eight to 10 days.He cautioned that options trading, particularly on expiry days, was not as straightforward as many investors assumed and could result in significant losses.

SEBI chairman Tuhin Kanta Pandey confirms no manipulation in the new closing auction, enhancing market transparency and efficiency.

The Securities and Exchange Board of India has confirmed that no manipulation exists within the newly established closing auction system. This session, which establishes closing…

SEBI reports no manipulation in closing auctions, addressing participation and indicative price effectiveness as key concerns in CAS.