How Is the Closing Price Decided? SEBI's New CAS Explained

SEBI's Closing Auction Session (CAS) explained with simple examples and step-by-step visuals. It covers what happens after the 3:30 PM market close, how the 20-minute auction sets the final price, and which stocks it applies to (F&O and non-F&O). Topics include reference price, order collection, random closure, price band, equilibrium price and how order matching leads to the closing price. Educational content only. Not SEBI-registered. Not financial advice. #sebi #closingpricetrading #sebinewrules #stockmarket #stockmarketindia #stockmarketnews