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Affected by the new closing collective bidding system, there was a huge difference in the closing prices of some Bank of India shares on the country's two major stock exchanges on Thursday. Many banks, such as Bank Indouan, AU Small Financial Bank, IDFC First Bank, and Commonwealth Bank, showed clear price differences at the closing prices. This phenomenon has raised concerns about the operation of this mechanism and the risk of misuse, and traders and other market participants are losing confidence in the market.
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Affected by the new closing collective bidding system, there was a huge difference in the closing prices of some Bank of India shares on the country's two major stock exchanges on Thursday. Many banks, such as Bank Indouan, AU Small Financial Bank, IDFC First Bank, and Commonwealth Bank, showed clear price differences at the closing prices. This phenomenon has raised concerns about the operation of this mechanism and the risk of misuse, and traders and other market participants are losing confidence in the market.
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