The Times of India

Closing price shake-up: Sebi clears auction-based close for stocks; heres how it will change trading

India's market regulator Sebi is transitioning to a Closing Auction Session (CAS) for stock price discovery, replacing the current volume-weighted average price method. This phased rollout, starting August 2026, aims to enhance transparency and fairness, aligning with global practices and improving derivative settlements and fund tracking.