Market participants faced confusion during the new auction system’s debut. Indices and stock values diverged significantly, catching traders by surprise. The new system determines closing prices through a separate auction process. This change aims to create more robust closing prices for derivatives. Tuesday’s derivatives expiry will be a key test for the new system.
Dividends and stock splits: IRCTC, BEML among 150+ stocks with record dates this week. Check full list
More than 150 companies have fixed record dates for dividends and stock splits between September 21 and September 25. IRCTC, BEML, Hindustan Copper, Cochin Shipyard