@MaganiGovardha8@FinMinIndia Eventually if the volumes picks up in CAS, then only it will have some impact. But increase in Volume in CAS means it can't be manipulated as it is happening now. We won't be seeing any sharp moves in that case.
@MaganiGovardha8@FinMinIndia Options will be expiring after CAS because SEBI doesn't want to ignore CAS prices in the long run.
But currently the Volume in CAS is so thin compared to normal trading hours. So when a volume weighted price is determined, CAS will have negligible impact now.
To @FinMinIndia@PMOIndia
SEBI is potentially in breach of its statutory duty under Section 11 of the SEBI Act, 1992, by permitting Closing Auction Session (CAS) in which inadequate liquidity can produce disproportionate movements in the official closing price, thereby compromising orderly price discovery, market integrity and investor protection.
@abidsensibull Oh man.. This guy hates Argentina to the core.
When he got nothing to post against the football team in the semi-final, he chose their "economy".
At least you stuck to your area of expertise this time. 😅
Nanniyunde...