India’s SEBI to Review Options Settlement Pricing After Closing Auction Chaos

India's SEBI is reviewing the settlement pricing for equity derivatives following reports that the new closing-auction system caused sharp price swings. The markets regulator is considering proposing changes to how these settlement prices are calculated after receiving feedback regarding the volatility triggered by the current auction process. This review aims to address the instability observed in the equity derivatives contracts to ensure more stable pricing mechanisms within the Indian financial markets during the closing auction phase.