Question

What are the different trading phases in the capital market system and how is the opening price determined during the pre-open session?

Hint:

To calculate cumulative demand and supply during a call auction, remember that buyers at a higher price (e.g., ₹106) are also willing to buy at lower prices (e.g., ₹105). Thus, Cumulative Demand is summed from the highest price downwards, while Cumulative Supply is summed from the lowest price upwards.

Answer 1