Sebi sees no manipulation in new CAS despite participation concerns
The Securities and Exchange Board of India (Sebi) has confirmed that there is no manipulation in the newly established closing auction system (CAS) in India. This means that the system, which sets the closing stock prices, is operating fairly and transparently. The confirmation is significant as it addresses concerns about the system's integrity and helps to boost investor confidence in the Indian stock market.
Read the source report: Economic Times
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