Sources said that a panel under the Securities and Exchange Commission of India recommended that maturity date settlement prices for indices and stock derivatives continue to use the volume-weighted average price mechanism. The report said that the team rejected the plan to immediately switch to a mixed pricing formula incorporating the closing pool bid price.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.