markets · intermediate
Closing auction
The NSE/BSE closing session helps determine the official closing price used for indices and mutual fund NAVs in India.
Indian exchanges run an end-of-day closing mechanism whose timings are exchange-notified.
Official closes feed index calculation, mutual fund NAVs, and mark-to-market processes.
Large passive funds often concentrate liquidity around the close.
Related discovery windows include the pre-open session and other call auctions.
Part of the Market Pulse Term of the Day series — factual market vocabulary, not investment advice.