SEBI is likely to issue a consultation paper proposing changes to derivative settlement price calculations under the Closing Auction Session. The move comes amid concerns over expiry-day volatility, unpredictable execution and limited auction participation, according to a report
Indian equity benchmarks declined for the third consecutive week amid concerns over global interest rates and geopolitical uncertainty. The Nifty fell 0.31 per cent during the week, while the Sensex declined 0.36 per cent, even as both indices recovered on Friday following strong buying in IT stocks.
Sensex and Nifty traded mixed after the new Closing Auction Session for F&O stocks took effect. Analysts called Monday’s sharp Nifty surge a one-off anomaly, while positive economic indicators, FII buying and global market trends continued influencing investor sentiment
