The confusion around Closing Auction Session again came into focus on September 8 with Nifty put options soaring multi-fold within minutes on F&O expiry day.
During the indicative close, Nifty even went below 23,400, thus causing a massive 400-point volatility. On September 8, the benchmark Nifty 50's indicative close fell as much as 1.8% during the closing auction, after the index settled down 0.58% at 3:15 pm ahead of the auction. The 50-stock index, however, pared losses and ended 0.61% lower at 23,635.1, while the BSE Sensex lost 0.73% to 75,577.58. HDFC Bank, India's heaviest stock and top private lender, saw its indicative close fall as much as 3.91% during the auction, after ending regular trading down 0.91%. The stock ultimately closed 1.1% lower. Indian equities have seen sharp moves during the newly launched closing auction session, particularly on derivatives expiry days. Last week, indicative close for Sensex briefly dropped 2.5%, according to BSE's website. This caused premiums on some of BSE Sensex's put options to spike between 400% and 500% during closing auction. Even Bank Nifty, on September 8, saw a 500-point volatility before ultimately settling 310 points lower (-0.54%), Last week, the market regulator said it would review the methodology for determining settlement prices of derivatives contracts after receiving feedback on the closing auction session in the equity cash market. The Securities and Exchange Board of India had launched the closing auction session on August 3 to determine the closing prices of securities. But the rollout highlighted issues such as divergent index closing levels across exchanges, volatile options pricing, and concerns over potential manipulation, particularly on days when benchmark derivatives contracts expire. The regulator said it has received feedback from various stakeholders, and would propose certain changes in the methodology for determining settlement prices of derivative contracts. SEBI would also issue a discussion paper outlining the proposed changes within a week. Introduced on August 3, the CAS is a brief end-of-day auction in which buy and sell orders are matched to determine a stock's official closing price. Similar mechanisms are used in other Asian markets including China, Taiwan, Hong Kong and South Korea. The system replaced a methodology under which closing prices were based on the average price of trades executed during the final 30 minutes of continuous trading. Regulators said the change was intended to align Indian markets with global practices. Liquidity during the roughly 20-minute process has been thin and largely dominated by institutions. Exchange data showed CAS trades accounted for less than 1% of daily cash-market turnover and less than a third of volumes seen under the previous system. The lower participation means relatively small buy or sell orders can have an outsized impact on key indices. #StopCAS #BanCAS #BanCASINO #RemoveCASINO #RemoveCASTuesday, September 8, 2026
#MCX_GOLD OCTOBER
TODAY DID HIGH 1,54,125
Running Price 1,52,900
#MCX_Silver December
Today Did High 2,41,724
Running Price 2,38,600
And
#MCX_CRUDEOIL SEPTEMBER
Today Did High 8,959
Running Price 8,900
Short Sell 11 Lots Now On Immediate Basis At CMP..
LOT SIZE 100
TOTAL QUANTITY 1,100
HOLD 🙏 TIGHTLY WITH PATIENCE ONLY FOR BEST COMMITTED RETURNS 🙏 💯 👌 🙌 💪 👏 🙏
"Dar Ke Aage Jeet Hai"
Better To Give Some More Time........ Hold And Wait...... Indian Equities Market Will Also Give Best Returns... #Retailers Are Fighting Here For Sustain In This Market And Its My Promise They Will Create History Again....#OptionsTrading #OptionsTrade #OptionsTraders
Weekly Expiry... #Nifty 15th September 2026 CE 24,000 BUY 35 LOTS AT 33 NOW CMP 33 LOT SIZE:- 65 TOTAL QUANTITY: 2,275 ALSO HOLD #NTPC CE #UPL CE #CRUDEOIL PE #HDFCBANK CE #SENSEX CE For Subscriptions Call Me or WhatsApp 09900017008Monday, September 7, 2026
HOLD TILL @2027 #GaneshChaturthi
STOCKS AND THEIR TARGET TILL NEXT #GANESHCHATURTHI
#ULTRACEMCO 14,000 #TATASTEEL 300 #HDFCBANK 900 #RELIANCE 1,650 #NTPC 450 #UPL 750 #DELHIVERY 650 #JSWENERGY 750 #BIOCON 550 #BPCL 500 #HCLTECH 1,700 #NMDC 125 #ASHOKLEY 250-300 #ITC 370-420 #POWERGRID 400 #NHPC 120-130 #GaneshChaturthi 2026 Check ✔️ Price Today.....Next Few Days...
Today #Nifty Spot Adjusted Closing Near 23,779.15 Major Closing Basis Support Near 23,550-23,640 Below Major Closing Basis Resistance Near 24,050-24,110 Above.... BEST STOCKS FOR YOU... #RELIANCE #HDFCBANK #IRFC #NTPC #UPL #HDFCBANK #TATACAPITAL #TATASTEEL Follow #A3RT For Subscriptions Call Me Or WhatsApp 09900017008
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