Pandey’s comments come against the backdrop of criticism from market participants over the new auction mechanism, which has seen low liquidity trigger sharp price swings. For instance, on the first day of CAS, the NSE Nifty50 surged 1.6%, while the BSE Sensex gained just 0.7%.Pandey’s comments come against the backdrop of criticism from market participants over the new auction mechanism, which has seen low liquidity trigger sharp price swings. For instance, on the first day of CAS, the NSE Nifty50 surged 1.6%, while the BSE Sensex gained just 0.7%.
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