🥷🏻 Trading ₿east ⚡️ @TradingBeast_

To @SEBI_updates @FinMinIndia @PMOIndia Closing Auction Session (CAS) is a violation on the following major counts. These are as per SEBI Act, 1992 and Supreme Court rulings involving SEBI. 1. SEBI v. Kanaiyalal Baldevbhai Patel, (2017) 15 SCC 1 Supreme Court while observing under SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003: “Market manipulation is normally regarded as an ‘unwarranted’ interference in the operation of ordinary market forces of supply and demand and thus undermines the ‘integrity’ and efficiency of the market.” With thin liquidity under CAS, the ordinary forces of supply and demand are not functioning, thereby undermining Market's integrity and efficiency. 2. In a SEBI order in Riddhi Siddhi Gluco Biols Limited, SEBI expressly stated: “By executing a fraudulent scheme, as has been executed by the Noticees in the instant matter, the price discovery system itself is affected. It also has an adverse impact on the fairness, integrity and transparency of the stock market.” The fraudulent scheme part can be ignored, what remains is the price discovery system. 3. Under the SEBI Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018: Regulation 7(3)(a) “the necessary infrastructure for the orderly execution of trades” Regulation 7(3)(c) “an online surveillance capability which monitors positions, prices and volumes in real time so as to ensure market integrity” With prices moving 2-3% on thin liquidity, both the sections are compromised. 4. SEBI Circular No. HO/47/11/11(3)2025-MRD-POD2/I/2765/2026, dated 16 January 2026 Title: “Introduction of Closing Auction Session (CAS) in the Equity Cash Segment and certain modifications in the Pre-Open Auction Session” Paragraph 2.1 “CAS aggregates market interest into a single pool of liquidity, thereby providing a fair and transparent closing price and improving the efficiency of execution for large orders.” Paragraph 2.2 “The significance of a fair and transparent closing price, especially since it is used as the reference for settlement in derivatives, index computation, mutual fund net asset value (NAV) determination, etc.” Paragraph 2.3 “Provides equal and transparent access to all categories of investors, ensuring that the discovered closing price reflects the collective market consensus at the close of trading hours.” The question is on fair closing price and market consensus.

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🥷🏻 Trading ₿east ⚡️ @TradingBeast_

2 weeks ago

@gurjota and the irony is.. zero sum game mai unity itni jyada hai 😂

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Kirit Somaiya @KiritSomaiya

2 weeks ago

#CAS manipulation, volatility at #BSE #NSE issue, I wrote to Finance Economic Affairs Secretary for review of CSA guidelines & take up the issue with #SEBI

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🥷🏻 Trading ₿east ⚡️ @TradingBeast_

2 weeks ago

@PRAFULKULKARN18 @SEBI_India @SEBI_updates Drop this egoistic behavior.. just roll back CAS. We don't even need your clarification or apology if it's too much for your ego. Just roll back and everything will be fine 🙏🏻

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🥷🏻 Trading ₿east ⚡️ @TradingBeast_

2 weeks ago

@ZDaruwala @TheKurtosisplay fut ka charges jamta hai aapko? 😓 or you do syn fut?

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Sarang Sood @SarangSood

3 weeks ago

A superiority complex is incredibly expensive. You spend so much time noticing how dumb, uninformed or inferior everyone else is that you forget to build your own life. Meanwhile, some “idiot” you laughed at keeps showing up, taking action and improving. 5 years later, he has results and you still have opinions about people.