SEBI Panel Reviews Closing Auction Session, Favors Retaining Existing VWAP Method
The Securities and Exchange Board of India (SEBI) convened its Secondary Market Advisory Committee (SMAC) to review feedback on the closing auction session (CAS) framework introduced in August 2026 for futures and options stocks. Market participants expressed concerns over price volatility during the auction and its impact on derivatives settlement. After considering two options—a blended volume-weighted average price (VWAP) including CAS prices or retaining the existing 30-minute VWAP—the committee favored maintaining the current VWAP method for at least a year before any transition. The meeting included perspectives from mutual fund representatives and aimed to balance market stability with stakeholder input.
First-hand measurement across 5 sources
We measured how 5 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 (56/100). Lens Score 41/100.
Outlets measured: moneycontrol, thefinancialexpress, mint, thefinancialexpress, moneycontrol. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–55/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
moneycontrol broke this story on 14 Oct, 09:37 am. Other outlets followed.