Why Nifty jumped 200 points in closing trade? Experts decode new Closing Auction Session
The Nifty saw a sudden spike of 200 points during closing trade today, causing a divergence with the Sensex. This was due to the introduction of the new Closing Auction Session by the exchanges, aiming to improve price discovery and reduce volatility. Despite initial hiccups, experts believe this will boost investor confidence and align Indian market practices with global standards.