Kirit Somaiya Urges SEBI to Suspend and Redesign CAS After Sharp Sensex Volatility

Sensex’s 2,200-Point CAS Swing Triggers SEBI Scrutiny: Did India’s New Closing System Create a Liquidity Trap?

SEBI’s new Closing Auction Session (CAS) is now under increased scrutiny as the Sensex plunged by more than 2,000 points. Although the index recovered within minutes, the surprising swing has raised concerns about liquidity. The move has now caught traders in a dilemma over whether the new closing system is creating additional risks, especially on […] Read The Full Article Sensex’s 2,200-Point CAS Swing Triggers SEBI Scrutiny: Did India’s New Cl…

Kirit Somaiya Urges SEBI to Suspend and Redesign CAS After Sharp Sensex Volatility

Mumbai, August 29, 2026 (Yes Punjab News) Former BJP MP Kirit Somaiya has urged the Securities and Exchange Board of India (SEBI) to temporarily suspend and redesign the newly introduced Closing Auction Session (CAS) mechanism after the Sensex recorded a sharp fall and recovery during the final minutes of trading on August 27. In a […] The post Kirit Somaiya Urges SEBI to Suspend and Redesign CAS After Sharp Sensex Volatility appeared first on Y…

Kirit Somaiya seeks SEBI probe into sharp Sensex swings after CAS debut - OrissaPOST

Mumbai: Former BJP MP Kirit Somaiya has written to Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey, raising concerns over the newly introduced Closing Auction Session (CAS) mechanism after the Sensex witnessed an unusually sharp fall and recovery during the final minutes of trading August 27. In his letter, Somaiya sought the […]

Suspend, redesign CAS: BJP’s Kirit Somaiya urges SEBI after sharp Sensex volatility

Mumbai, Aug 29 (IANS) Former BJP MP Kirit Somaiya has written to Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey, raising concerns over the newly introduced Closing… Continue reading Suspend, redesign CAS: BJP’s Kirit Somaiya urges SEBI after sharp Sensex volatility The post Suspend, redesign CAS: BJP’s Kirit Somaiya urges SEBI after sharp Sensex volatility first appeared on Australia India News.

Suspend, redesign CAS: BJP's Kirit Somaiya urges SEBI after sharp Sensex volatility

In his letter, Somaiya sought the regulator’s attention to the market movement between 3.20 p.m. and 3.30 p.m. on August 27, when the Sensex reportedly crashed by more than 2,200 points before recovering around 2,000 points.