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flag India to launch new stock closing auction system Aug. 3, 2026, to boost transparency and global alignment.

flag India’s securities regulator SEBI is introducing a new Closing Auction Session (CAS) starting August 3, 2026, to replace the current volume-weighted average price method for setting stock closing prices. flag The 20-minute auction, running from 3:15 to 3:35 p.m. IST, will apply initially to stocks with derivatives, using a reference price and limit-only phase to determine the equilibrium price. flag It aims to improve transparency, reduce market impact, and align India’s markets with global standards. flag The pre-open auction will also be updated, with full implementation by September 7, 2026. flag SEBI also eased rules for foreign investors, allowing net settlement across multiple stocks and simplifying access for sovereign-backed and overseas retail funds, part of broader efforts to attract capital and modernize the financial system.

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