Sebi chair rules out CAS rollback; assures commitment to resolving ongoing issues
The Securities and Exchange Board of India is set to assess the implications of the newly implemented Closing Auction Session.
Chairman Tuhin Kanta Pandey affirmed that this mechanism will remain in place and will undergo enhancements.
Designed to ascertain closing prices for stocks in the futures and options market, the system has faced scrutiny from market participants who have reported losses.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
