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India's markets regulator sees no manipulation in stock closing auction, chief says

India’s markets regulator has not observed any manipulation in the newly introduced closing auction session that determines closing price levels, the Securities and Exchange Board of India chairman said on Wednesday. The closing auction is a big market structure reform in line with global standards, Tuhin Kanta Pandey said at an event in Mumbai. “We are considering all inputs to increase…

India's markets regulator sees no manipulation in stock closing auction, chief says

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