New market closing system from August 3: F&O timings extended, Zerodha's Nithin Kamath flags risks

A new market closing system starts August 3 for F&O stocks, changing how closing prices are set. Equity derivatives will now close at 3:40 PM. Zerodha’s Nithin Kamath said, "There have been concerns that this can be used to push indices towards certain closing levels," while flagging potential risks for investors.