India beats a hasty retreat from a crucial market reform - The Economic Times
• India's market regulator, Sebi, is considering weakening or abandoning its recent market-closing auction reform after facing investor backlash and volatility. • The reform was originally designed to curb price manipulation during the final minutes of trading. • A retreat from this policy highlights systemic issues for traders, including high securities taxes, shallow liquidity, and restrictions on short selling.
economictimes.indiatimes.com
