business π Sensex wild swing sparks trading buzz
A trader claimed a Rs 1 lakh investment could become Rs 44 lakh in five minutes due to a sharp Sensex swing. This hypothetical trade was based on buying Sensex 76,500 put options at 3:15 pm and selling them at 3:20 pm. The Sensex moved over 2,000 points in minutes during the Closing Auction Session on August 27, 2026. This volatility raises questions about the new CAS system introduced on August 3 to curb manipulation. The recent claims add to the ongoing discussion following Sebi's action against entities for alleged market manipulation. π