Experts seek tighter price bands, live reference prices for CAS

The stock market in India has a special moment at the end of each trading day called the closing auction.

During this time, the final price of a stock is decided.

Some people feel this part of the market does not work perfectly.

The head of the market regulator, Sebi, said the closing auction is here to stay but might be changed.

Experts have shared ideas to make it better.

Some want the allowed price range to be smaller so prices don't jump around.

Others want the reference price to be shown live for more transparency.

Another idea is to use different ranges for different stocks.

One expert said more people should be encouraged to sell during this time.

The regulator says it is looking at all these suggestions.