Sebi to issue closing auction guidelines in a week: Tuhin Kanta Pandey
Business Standard 2 hrs ago·10 Oct 2026, 1:58 pm
SEBI said it will publish detailed guidelines for the market’s closing auction within a week. The closing auction is the process that matches buy and sell orders at the end of each trading day to set the final settlement price. By formalising the rules, the regulator hopes to improve price discovery, reduce volatility at market close and give participants clearer expectations.
In parallel, SEBI is working on a simpler digital onboarding flow for persons resident outside India (PROIs), letting them open trading accounts without needing to be physically present. Easier access could attract more foreign investors, boost overall market liquidity and diversify the shareholder base. Investors should keep an eye on the exact auction rules, any changes to order‑type handling, and the timeline for the new onboarding platform as the details are released.
Key takeaways
- Category: Stocks.
- Flagged as a high-impact, market-moving story.
Why it matters
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