Volatility triggered by CAS surges on NSE on expiry day
MUMBAI: After a break of about two weeks, Closing Auction Session (CAS) again played truant during Tuesday’s late session as weekly derivatives contracts on NSE were expiring. Within a span of just 30 seconds-between 15:20:00 and 15:20:30-Nifty rallied a little over 300 points or about 1.5%, and in the next eight minutes fell about 240…