‘CAS isn’t a bad idea, but…’: Why Nithin Kamath says India’s closing auction is exposing deeper market cracks

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.
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