Rocky Debut for India Closing Auction Sparks Worries Over Expiry The India closing auction, a relatively new mechanism designed to stabilize markets during times of high volatility, has faced criticism following its maiden run.
The first of its kind auction saw several rounds of intense trading, resulting in a final price significantly lower than expected.
Understanding the India Closing Auction Controversy Industry insiders point out that the India closing auction's unique design makes it susceptible to manipulation by market players with deep pockets.