{
  "id": 261983,
  "title": "Why stock market's close is now an auction - explained",
  "url": "https://urgent.news/2026/08/07/why-stock-markets-close-is-now-an-auction-explained",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-07T09:29:04.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/business/india-business/why-stock-markets-close-is-now-an-auction-explained/articleshow/133028061.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "For over three decades, the closing price was the volume-weighted average (VWAP) of all trades between 3:00 pm and 3:30 pm. Nobody actually traded at that price. It was a calculation, not a transaction. For long-term investors, nothing changes. For index funds and traders, the closing routine is now different.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}