BSE chief says most players still avoid new closing auction
Most market participants are still staying away from the new closing auction system, according to the top executive at Asia’s oldest stock exchange, signaling that the month-old mechanism is yet to overcome initial hiccups. While a few institutions are taking part, other players are “not significantly present,” BSE Chief Executive Sundararaman Ramamurthy told Bloomberg in an interview.Read more: Sebi proposes wider pool of MII board candidates, SOP for key officials
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