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SEBI proposes new mechanism to determine stock closing price
//stocks-investing.news-articles.net/content/202 .. -mechanism-to-determine-stock-closing-price.html
Published in Stocks and Investing on Friday, December 6th 2024 at 0:31 GMT by MSN
Published in Stocks and Investing on Friday, December 6th 2024 at 0:31 GMT by MSN

- MUMBAI: Instead of the current method of determining the average closing price of a stock through the volume-weighted average price (VWAP), the markets watchdog Securities and Exchange Board of India (SEBI) has proposed an internationally followed practice of close-auction session (CAS) to determine the closing price of a stock.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/other/sebi-proposes-new-mechanism-to-determine-stock-closing-price/ar-AA1vkTY6 ]
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