SEBI ke Closing Auction Session (CAS) badlavon ko lekar market mein charcha tez hai. Regulator ko ab tak **20,000** se zyada responses mile hain, kyunki traders ko volatility aur liquidity ka darr sataye ja raha hai.
Kya chal raha hai market mein?
SEBI ne jab se August 3, 2026 ko Closing Auction Session (CAS) introduce kiya hai, tab se trading community mein thodi tension bani hui hai. Ab regulator ne public consultation band kar diya hai aur unhe lagbhag 20,000 comments mile hain. Institutional investors se lekar arbitrageurs tak, sab apni baat rakh rahe hain.
Main issue kya hai?
Sabse badi dikkat 'Blended VWAP' model ko lekar hai. Traders ka kehna hai ki jab tak trade execute nahi hota, variable weights ka pata nahi chalta, jisse hedging position sambhalna mushkil ho raha hai. Kuch log purane CTS VWAP method ke wapsi ki maang kar rahe hain.
Market timings aur transparency par sawal
Bahut se traders chahte hain ki continuous trading ko 3:30 PM tak extend kiya jaye taaki cash aur derivatives segment sync mein rahe. Iske alawa, indicative index value ko chupane ke proposal par bhi kaafi protest ho raha hai. Experts ka manna hai ki agar ye value hatayi gayi, toh market mein transparency kam ho sakti hai.
Ab aage kya?
SEBI Chairman Tuhin Kanta Pandey ne bola hai ki wo in feedbacks ko jaldi analyse karenge aur final circular nikalenge. Ab sabki nazar isi final decision par hai ki regulator wahi naya model rakhta hai, purana wapas lata hai ya koi beech ka raasta nikalta hai.