NDTVCenter·
Nithin Kamath Highlights Red Flags Over New Market Closing Rules: Tracking Error, Price Manipulation
Currently, a stock's closing price in India is determined by the volume-weighted average price (VWAP) of trades executed during the final 30 minutes of the session, explained Kamath. Under the new CAS rules, buy and sell orders for F&O stocks will be pooled and matched at a single equilibrium price.
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