“Bearish on equity derivatives volumes, attributing the significant decline in August to the new Closing Auction Session (CAS) mechanism. Brokers and traders are squaring off positions earlier to avoid heightened volatility in the final minutes, with algos, prop desks, scalpers, and arbitrageurs choosing to stay away from the CAS window to mitigate risk.”

Rajesh Palviya’s track record: 10 graded calls · 95% CI 2–40%