Why stock market’s close is now an auction – explained

The old average had a basic flaw. An index fund promises to match the index, and the index is built on closing prices. From August 3, 2026, the closing price of every stock in the F&O segment comes from an auction instead of a 30-minute average. Long-term investors need to do nothing. Traders, index funds … Read more

BSE takes steps to try increase market share

BSE has long been struggling against NSE, which has a dominant market share. In derivatives, BSE’s Average Daily Turnover (ADT) in FY 23 was Rs 1.38 trillion as against Rs 153.5 trillion of NSE i.e., 9% market share In cash market, BSE’s ADT during FY 23 was Rs 4,132 cr vs Rs 53,434 cr at … Read more