Times of IndiaLean R·
NSE's closing auction sees Rs 39,718 crore rush on first index rebalancing day
The National Stock Exchange faced an exciting challenge on Monday as its closing auction mechanism tested its mettle. Investors were actively reshaping their portfolios ahead of index changes, leading to impressive trading volumes. Now celebrating its first month, the mechanism has confirmed its role in enhancing transparency and fairness in the closing price process, proving invaluable for passive investors.
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