The newly introduced closing auction mechanism saw its biggest test yet on Monday, with the National Stock Exchange of India Ltd (NSE) recording Rs 39,718 crore in turnover during the session as investors adjusted portfolios for the latest index changes.

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…

Indias new 20-minute closing auction system is facing renewed scrutiny after the Sensex briefly plunged nearly 3% during Thursdays session, highlighting concerns over thin…