SEBI Reports Narrowing Discrepancies in New Closing Auction Session

The Securities and Exchange Board of India (SEBI) introduced a new closing auction session earlier this month to enhance price discovery at market close. In its latest review, SEBI noted that the price discrepancies between the opening and closing auction prices have narrowed significantly. The board stated that this trend reflects a more efficient market mechanism and reduced volatility at the end of trading days. SEBI will continue to monitor the session closely and may adjust parameters to further improve market stability.