The record
Written from the 1 report below. Nothing here is unsourced.
- The National Stock Exchange of India launched its Closing Auction Session on Monday, recording a turnover of Rs 1,276 crore on its first day.
- The session is part of Phase 1 of the Securities and Exchange Board of India's new closing price discovery framework and applies to eligible stocks.
- This marks a change in how closing prices are determined for these stocks, which matters to traders and investors who rely on closing prices for valuation and settlement.
What to watch next
- Daily turnover levels in the Closing Auction Session in the coming sessions
- Expansion of the framework beyond Phase 1 to more stocks or later phases
- SEBI or NSE announcements on participation and liquidity trends in the session
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Named India · National Stock Exchange of India · Securities and Exchange Board of India
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