EconomyExplainer: Why has India’s new stock closing-price system spooked traders?
India introduced a new method for calculating stock closing prices for companies with derivatives contracts. Following the launch, the benchmark Nifty 50 swung sharply. The change has unsettled traders and raised attention around how closing prices are determined. The market is now reacting to the effects of the revised system.
Explainer: Why has India’s new stock closing-price system spooked traders?
