Sebi may partly reverse derivative settlement rules after pushback

Sebi may use the last 30 minutes’ volume-weighted average price for derivatives settlement, while retaining closing auctions for less liquid stocks India’s markets regulator is likely to stop using closing auctions to calculate derivatives settlement prices for at least a year, two sources with direct knowledge of the matter said, in a partial reversal of…

Market crash: Sensex sinks 1,280 pts intraday, at 2026 low; Nifty at 22,200

Stock market crash: Analysts flag October rate hike fears, low liquidity, high oil prices, persistent FIIs selling and a long-weekend as some of the key reasons for the market fall on Thursday. Equity benchmark indices took a sharp hit in mid-noon deals, with the BSE benchmark Sensex tumbling all the way to a new calendar…