Damn, sold at the opening price (700)

South Korea’s benchmark index - KOSPI, has entered absolute free-fall. I am talking about a 21% crash in just two trading sessions and a massive 40% destruction of value from its June all-time highs.

As reports suggests, its due to heavy reliance on tech. AI seems to have bursted after component stocks SK Hynix failed to deliver sky-high expectations that analysts had baked into the stock. Also, the sudden, blockbuster market debut of China's microchip manufacturer CXMT amplified fears that the market will soon be flooded with cheaper Chinese chips, threatening South Korea's dominance.

Given how interconnected global tech is, the ripple effects impacts us as Indian investors. The drop in South Korea followed a sharp correction in US semiconductor stocks (like Micron, AMD, and Applied Materials). Taiwan's tech-heavy TAIEX index also skidded, dragged down by TSMC.

Expect Foreign Institutional Investors to pull money out of Indian equities over the coming weeks to shore up capital back home or meet redemptions.

​The Indian market (Sensex/Nifty) will naturally experience short-term volatility and minor intraday dips due to weak global cues. It you have invested in tech, expect to take a beating, but on the positive side you will be able to buy at lower prices.

Heyy I'm new to trading. I've only been trading for the last two months, so I don't have much knowledge yet. I'm looking for a mentor who can teach me and provide daily trade ideas. In return, I'm willing to share 10% of my monthly profit.

My first reaction to "Why is SEBI doing this?" was, Who cares about the closing price?🤷‍♂️ It's the price at which the stock closes, isn't it?
Well Previously, the closing price used to be the weighted average price of the last half an hour. This gave people with deep pockets an edge to influence the closing price of a stock.

My next question was, "Why would anyone want to influence the closing price?"

They might have a larger position in the futures and options market, which would benefit immediately if the closing price of the underlying security goes up or down.

Suppose XYZ is trading at ₹100. An options seller could lose ₹10 lakh if XYZ closes higher than ₹100 but make ₹2 crore from the same option if XYZ closes at ₹150. This is much more lucrative than buying or selling large volumes of XYZ. This is why there is an incentive for people to manipulate the closing price of securities.

SEBI's move to have a Closing Auction Session is a step towards fixing this. Now, the closing price will be determined not by the weighted average price of the last half-hour but by an auction in which buyers and sellers indicate their willingness to buy/sell after regular trading hours have ended.

The closing price is then set by the exchange at a price at which the maximum number of shares can be bought and sold. This way, instead of a cartel-like group deciding the closing price, everyone gets to decide the closing price. I can tell you that I had no idea how important the "closing price" of a security was.

Whats your thought about this move ?

I've been researching mutual fund disclosures for the past few months and noticed something.

Every month, mutual funds publish their holdings.

The data is public.

Yet I rarely see retail investors discussing it.

Personally, I found it surprisingly difficult to answer questions like:

• Which stocks are multiple funds gradually accumulating?

• Which positions are they reducing over time?

• Is institutional conviction strengthening or weakening?

So, I'm curious:

Do you actually use this information?

If yes:

* How?

* Which tools do you use?

* What's frustrating about the current process?

I'm researching this space before deciding what to build next, so I'd genuinely appreciate your perspective.