CAS chaos triggers liquidity spiral: Nuvama says higher participation needed to break cycle
· economictimes.indiatimes.com
BSEs new Closing Auction Session has faced weak participation, with Nuvama reporting sharp declines in option premium volumes and contracts. Thin liquidity is creating a self-reinforcing cycle, while early confusion, retail concerns and alleged CAS manipulation have further intensified scrutiny of the new closing-price mechanism.
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