The index closed flat but with a negative bias. It did manage to hold on to 47,000 levels towards the close of the trade, which is a positive sign. The Nifty50 closed with gains of nearly 20 points.
India beats a hasty retreat from a crucial market reform
India’s market-closing auction reform, designed by Sebi to curb price manipulation, has faced volatility and investor backlash within weeks. The regulator may weaken or abandon