India’s Sensex Hit By ‘Flash Crash’ During Unpopular Closing Auction
Summary
The Sensex briefly fell about 3% during Thursday’s 20-minute closing auction before recovering. The abrupt move intensified concerns about thin liquidity and potential manipulation in the session.
The episode exposes a market-structure risk concentrated in a narrow trading window, where limited orders
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
A sharp move at the close can distort benchmark prices, derivatives settlement and investor confidence even if it quickly reverses.