Sunday, 30 August 2026 · World
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EUROS The World Financial Report
Nº 50 Sunday, 30 August 2026 · World Edition
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Former BJP MP Kirit Somaiya seeks SEBI probe into sharp Sensex swing during CAS

Markets-Economic Times · 1h ago · 🇮🇳 India
Former BJP MP Kirit Somaiya seeks SEBI probe into sharp Sensex swing during CAS

Former BJP MP Kirit Somaiya has urged SEBI to investigate the sharp swings in the Sensex during the Closing Auction Session on August 27, when the index plunged over 2,000 points within minutes before recovering much of the loss. He questioned whether the new CAS mechanism, introduced on August 3, has weaknesses related to liquidity and price discovery.

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