Indias Closing Auction Session (CAS) was introduced to improve price discovery, but recent sharp swings have exposed gaps in its safeguards. Jimeet Modi argues that allowing order cancellations until the auction ends can leave markets vulnerable to manipulation, calling for stronger controls, deeper liquidity and better protection around index-level settlement prices.

The Sensex witnessed a sharp late-session swing of over 2,000 points in six minutes on Thursday, raising fresh questions about the Closing Auction Session (CAS) on its first…

BSE Sensex dropped roughly 2,400 points during a 20-minute closing auction session on August 27, raising concerns about thin liquidity and

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…

A sudden 3% plunge in the BSE Sensex during a closing auction raises concerns over liquidity and potential market manipulation.

Sensex plunged over 2,000 points during Thursdays closing auction session before recovering some losses, while Nifty remained comparatively stable. Market experts attributed the…