Sebi has approved key trading session reforms, including a 15-minute pre-open from 9:00 a.m. to 9:15 a.m. and a new 20-minute Closing Auction Session (CAS) from 3:15 p.m. to 3:35 p.m. in equity cash. CAS rolls out phased, with +/-3% price bands and alignment for stock futures till 3:40 p.m. Closing prices for derivative stocks now stem from CAS.
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