SEBI’s closing auction may improve price discovery, but that does not automatically make the same price the best benchmark for derivatives settlement.
Basis View
October 15, 2026 at 2:11 PM IST
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Regulatory certainty is not only about what the rule says but also about when the rule is applied and timing of policy changes
R. Gurumurthy
September 18, 2026 at 3:56 AM IST