Capital market stocks rise on CAS fix hopes, index closes 1% higher
Capital market stocks saw gains Friday after regulator Sebi's circular on the Closing Auction Session mechanism. Trader pushback against CAS-linked settlement pricing prompted Sebi to respond to market concerns. Erratic settlement prints since August 3 caused option premiums to swing significantly. Market participants anticipate Sebi's paper will reduce reliance on the single CAS print. This move…
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.
