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CAS sparks trader backlash as losses mount, Sebi holds firm

Partially corroborated51

Mumbai: The newly-introduced closing auction system (CAS) has drawn sharp criticism from traders, who are irked by the unpredictability of recent index and stock price moves and the resulting losses.Calls for changes to the mechanism or, even a temporary rollback, have gathered pace on social med...

First seen · latest update · India · business

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