BSE, NSE, Nuvama Wealth: Capital market stocks trade mixed after SEBI revises CAS framework

Under the revised framework, the 10-minute closing auction session will operate from 3:30 pm to 3:40 pm on all trading days, while trading in index and stock derivatives will continue until 3:45 pm, with certain exceptions for expiring index derivatives contracts, SEBI said in its circular. Capital market stocks such as BSE Ltd, National Stock Exchange (NSE), Angel One, Nuvama Wealth Management, HDFC Asset Management Company (HDFC AMC), ICICI Prudential Asset Management Company (ICICI AMC), Billionbrains Garage Ventures (Groww), among others, were in the spotlight on Friday, October 16.

{{ODA\_BANNER}}

The stocks are expected to be in focus as market regulator SEBI on Thursday revised the framework for the Closing Auction Session (CAS), changing trading timings and the methodology for determining settlement prices of stock and index derivatives contracts.

Here are the details