GENERAL4 Sept 2026
SEBI circular on CAS impact: Groww, Angel One, BSE shares jump up to 8% - What regulator said and investors should know | Stock Market News
SEBI's new Closing Auction Session (CAS) sets closing prices by matching buy and sell orders in the final 15 minutes. It also decides settlement prices for derivatives on expiry. After complaints about wild swings, SEBI will issue a consultation paper in about a week proposing changes. Brokerage shares like Angel One, BSE, and Groww jumped on the news.
Key Statutory Highlights
- SEBI introduced the Closing Auction Session (CAS) on 3 August to fix closing prices by matching buy and sell orders in the last 15 minutes of trading.
- After feedback from brokers, exchanges, and other market players, SEBI will issue a consultation paper proposing changes to how derivative settlement prices are set on expiry.
- Shares of Angel One, BSE, Groww, Motilal Oswal, and Nuvama rose after SEBI announced the proposed changes.
Actionable Advice for Taxpayers / Founders:If you trade derivatives, watch for SEBI's consultation paper and check how the proposed settlement-price changes could affect expiry-day trades.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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