As per the data am tracking, so far it seems like the real winners of SEBI's Closing Auction Session (CAS) is Arbitrage Mutual Funds.
They're buying stock cheap in cash market & selling it at a higher price in futures market.
The massive difference between spot & derivatives
Quite contrasting that my discussions with people in Bengaluru are generally around ideas, tech, business model, etc;
in Delhi/UP/Gurgaon, they hover around hard money and lifestyle; and typically with examples of how other people are doing.
if CRED didn't give all that accumulated data to Meta today, they're definitely gonna do it tomorrow. Preventing your data from reaching Meta is really really hard anyway.
