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Closing auction gets off to a rocky start, but India’s markets will adapt - The Economic Times
India's stock markets are adopting a closing auction session, impacting passive fund investing. Initial trading days showed price divergence and lower participation rates. Sebi noted no manipulation, attributing early issues to market circumspection. Improved broker interfaces and price visibility are now needed for better arbitrage. The market reform requires adaptation, but aims for greater efficiency and transparency.
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India’s closing auction needs funds to show up - The Economic Times
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