The S&P BSE Sensex rose more than 900 points while the Nifty50 closed with gains of over 250 points on Thursday. India VIX was up by 2.16% from 12.06 to 12.32 levels.
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