“Closing Auction (CAS) : Fair Price Discovery👉👉👉or a New Window for Market Manipulation?”

📢 What is CAS? CAS means Closing Auction Session. Buy and sell orders are collected between 3:15 PM and 3:30 PM to decide the official closing price. 🎯 Why was it introduced? SEBI wanted a fairer and more reliable closing price based on actual market demand. It was also intended to reduce last-minute price manipulation. ⏮️ What was the previous method? The closing price was generally calculated using the weighted average of trades during the final 30 minutes. ⚠️ What problem is appearing now? Low participation in the auction may allow a few large orders to cause sudden movements. Nifty showed unusually large changes near closing during the first few CAS sessions. 🔍 What is SEBI checking? SEBI is examining trades conducted on August 3 and 4. It wants to determine whether the movements were genuine or whether someone tried to influence the closing price. Manipulation has not yet been officially proven. 💬 What is your opinion? Should CAS be: ✅ Whats your Opinion on it ? 👍 Continued as it is? 🛠 Improved with better safeguards? ❌ Completely withdrawn? 👇 Vote and explain your opinion in the