- SEBI is the market regulator in India.
- SEBI introduced a new CAS framework regulating the Indian stock market.
- The implementation of the new Closing Auction System (CAS) is currently affecting stock price discovery for companies including Trent, Bajaj Finance, and Mahindra & Mahindra.
- The implementation of the Closing Auction System (CAS) in India is affecting index-options activity and improving closing price discovery.
Castrol India and Mahanagar Gas are listed in the oil and gas index, and the CAS mechanism affects derivative contract settlement.
1 report, 1 independent
Updated Sep 4
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What happened
Castrol India and Mahanagar Gas are listed in the oil and gas index, and the CAS mechanism affects derivative contract settlement.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The implementation of the Closing Auction System (CAS) in India is affecting index-options activity and improving closing price discovery.Also in this story
- The implementation of the CAS mechanism in India led to sharp swings in Nifty 50 and BSE Sensex, coupled with liquidity issues in the SLB system.
- HDFC Securities noted market changes post-CAS, confirming the successful settlement of the CAS mechanism and its impact on derivatives turnover.
The entities involved
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Castrol India
Indian subsidiary of Castrol
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Mahanagar Gas
Indian natural gas distribution company
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CAS
Danish rapper
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