SEBI investigates trades made via CAS shortly after its rollout: Report
According to a Moneycontrol report, SEBI is looking into transactions executed on August 3 and 4 using the closing auction system (CAS). This probe comes just one week after the mechanism was introduced to enhance price discovery. During the first two days of CAS, the Nifty index surged by 201 and 152 points within a 15-minute window. Regulators are now examining if these trades were intended to influence share prices.
by shortkt.com✓