SEBI Proposes Revisions to Closing Auction System to Address Market Volatility
India's Securities and Exchange Board (SEBI) is revising its recently introduced Closing Auction Session (CAS) system, which aimed to curb price manipulation but caused market volatility and investor concerns. Proposed changes include using a blended volume-weighted average price (VWAP) combining continuous trading and auction periods or reverting temporarily to the previous VWAP method. These adjustments seek to reduce expiry-day volatility, improve price discovery, and benefit exchanges and brokers, while imposing tighter constraints on market makers. The reforms follow scrutiny of trading practices amid India's large options market growth and ongoing regulatory challenges.
First-hand measurement across 15 sources
We measured how 15 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (52/100). Lens Score 41/100.
Outlets measured: theprint, thefinancialexpress, economictimes, economictimes, mint, thefinancialexpress, mint, economictimes, and 7 more. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment ranged widely across outlets — from 28/100 to 75/100 — a sign the coverage itself was contested, not just reported.
Coverage timeline
mint broke this story on 12 Sept, 03:26 pm. Other outlets followed.