PRE-MARKET
Nithin Kamath, CEO of Zerodha, commented on BSE and NSE's new Closing Auction Session (CAS), noting that while it's a good idea, recent price swings reveal deeper issues in India's markets, particularly the limited ability for arbitrage due to a lack of liquidity and varied market participants.
'CAS isn't a bad idea, but...': Why Nithin Kamath says India's closing auction is exposing deeper market cracks
Impact Score
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Nithin Kamath, CEO of Zerodha, commented on BSE and NSE's new Closing Auction Session (CAS), noting that while it's a good idea, recent price swings reveal deeper issues in India's markets, particularly the limited ability for arbitrage due to a lack of liquidity and varied market participants.
Key Highlights
Nithin Kamath, CEO of Zerodha, commented on BSE and NSE's new Closing Auction Session (CAS), noting that while it's a good idea, recent price swings reveal deeper issues in India's markets, particularly the limited ability for arbitrage due to a lack of liquidity and varied market participants..
Source
Livemint
Published
3h ago
Impact Score
70 / 100
Category
Indian Markets
Moderate near-term volatility expected while markets assess implications for Indian Markets.
What this means
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