🚨 Prelim 2027 The Hindu, IE &PIB Microtheme: "Finance/Capital Market" Repeated 19 times in the UPSC Prelims
Consider the following statements regarding the Closing Auction Session (CAS) introduced by the Securities and Exchange Board of India:
1. It replaced a method that fixed the closing price from the volume weighted average price of the last thirty minutes of trading.
2. The session ends at a randomised time rather than at a fixed clock time.
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