Nithin Kamath, CEO of Zerodha, commented on BSE and NSE's new Closing Auction Session (CAS), noting that while it's a good idea, recent price swings reveal deeper issues in India's markets, particularly the limited ability for arbitrage due to a lack of liquidity and varied market participants.
Nithin Kamath, CEO of Zerodha, commented on BSE and NSE's new Closing Auction Session (CAS), noting that while it's a good idea, recent price swings reveal deeper issues in India's markets, particularly the limited ability for arbitrage due to a lack of liquidity and varied market participants.
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