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On F&O expiry day, sensex sees wild swings during Closing Auction Session
MUMBAI: In the first monthly expiry of derivatives contracts on BSE after the introduction of Closing Auction Session, popularly known as CAS, sensex and Bankex, BSE’s banking index, witnessed wild swings, triggering social media outcry. The sharp movement in indices and some of their constituents also gave rise to chances for some smart investors to make a killing.
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thehindubusinessline.com
No reason to give up on CAS yet
Overall trading volumes have not been impacted by the closing auction session suggesting redistribution of turnover
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economictimes.indiatimes.com
Closing Auction System braces for its first monthly expiry test
Indias derivatives market is set for its first monthly expiry under the new auction-based closing price system, marking a crucial test for the mechanism after concerns over sharp…
