Zerodha co-founder Nithin Kamath has pointed out that the recent sharp price swings seen during the newly introduced Closing Auction Session are not due to a flawed mechanism, but rather a reflection of deep-rooted structural limitations in Indian equity markets. In a post on X, Kamath noted that while the closing auction itself is a standard global practice, the volatility it has triggered highlights clear imbalances in how local markets function.
Traders face blind spots as CAS causes sharp moves
