Sebi has proposed a new mechanism to harmonize stock price bands and pre-open auction prices across exchanges. This aims to address price divergences for stocks listed on multiple platforms, particularly when trading is limited on one exchange. The regulator seeks to improve price discovery and prevent distortions by standardizing how closing prices are used for subsequent trading sessions.
Market Samachar is a news aggregator. This article was originally published by Stocks-Markets-Economic Times. Tap the button above to read the full story on their site.