SEBI Introduces Closing Auction Session, Shifting Market Close to 3:15 PM

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India's market regulator SEBI has introduced a new Closing Auction Session for eligible stocks listed on Indian exchanges. Under the revised framework, continuous trading will now stop at 3:15 PM instead of the earlier 3:30 PM cutoff. This change affects how the final closing prices of several stocks are calculated. The new session alters the methodology used to determine end-of-day prices, which could influence benchmark indices like Nifty and Sensex differently depending on their constituent stocks.

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