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4,000% Options Surge in 15 Minutes Shows Wild India Auction

Bloomberg
Bloomberg
by Savio Shetty
Aug 28, 2026 · 10:01 AM
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4,000% Options Surge in 15 Minutes Shows Wild India Auction
India’s new closing-auction system was meant to improve end-of-day prices. In the options market, however, the mechanism is producing extreme swings that are creating and wiping out gains in minutes.
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