NIFTY 50 spikes after CAS. What are your views?

What do you think about the sudden NIFTY 50 spike after CAS?

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They called it Fair Price Discovery. Traders discovered trauma instead. :skull:

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https://madefortrade.in/t/coming-up-closing-auction-session-cas-here-is-everything-you-need-to-know-about-it/92072/15?u=t7support

We have to wait for today’s open and wait for few days to watch and understand CAS then we can get some idea

https://nsearchives.nseindia.com//web/pressrelease/2026-08/PR_cc_03082026_20260803232411.pdf

Hopefully, things will mature…
Wonder how the participants felt buying inflated prices on NSE compared to BSE. Hope better sense prevails and there is efficient arbitrage going forward (with increased participation).

I will arbitrage NSE and BSE if the stark price disparity is a regular feature. I am sure everyone is thinking the same way, and this skittles down the spikes…