Capital market stocks gain as Sebi moves to review CAS settlement rules
Mumbai, Sept. 4 -- The Nifty Capital Markets index rose 1.09% to 5,415.80. Angel One gained 5.66%. BSE rose 3.41%. Multi Commodity Exchange of India advanced 1.93%. Groww added 1.63%. Motilal Oswal Financial Services gained 1.54%. KFin Technologies rose 0.59%. UTI Asset Management Company advanced 0.39%. Anand Rathi Wealth gained 0.32%. Indian Energy Exchange rose 0.29%. ICICI Prudential Asset Management Company added 0.23%. Central Depository Services (India) gained 0.18%.
Sebi said it will review the methodology used to determine settlement prices for derivative contracts on expiry. The decision follows feedback from market participants after the Closing Auction Session (CAS) was introduced in the equity cash segment.
CAS came into ef...
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